Established Wholesale & Retail Bakery

Founded in 1959, this bakery has grown substantially and is now regarded as being among the best in their industry. Founded and passed from one generation to the next, ownership saw an opportunity to expand this business. With hard work and dedication, they have been able to establish themselves in a strong market position through exclusive contracts and quality products. With decades in the business, they pride themselves on excellent customer service, quality inventory, and personalized service. This bake shop offers the freshest, highest quality items, showcased by their numerous contracts to supply restaurants and grocery stores around the city. Their years in the business, and their reputation, have
made this business a staple in the Edmonton community.

This represents an incredible opportunity for a motivated buyer to continue to expand the business, whether that is to further establish the company’s current product line or to branch out into additional product lines. The possibilities are endless!

*Note: Asking price includes assets; inventory to be sold in addition at landed cost
**Note: Assets and Inventory are approximate and subject to change; assets refer to machinery & equipment

Listing ID: VBY06142022

Asking Price: $600,000*

Why This Business

• Well-known business, with great reputation and brand-name
• Excellent inventory
• Great location, with ownership of the land & building
• Dedicated, knowledgeable employees
• Established client base
• Loyal business partners
• Top-of-the-line machinery
• Leasehold improvements already made
• Established website & Facebook page
• Year-over-year reduction in expenses over the last three fiscal years
• Easily expandable; high growth-potential

Additional details

Reason for sale: Moving onto new ventures
General Information: Seller owns the premises, Owner support/training is negotiable, Seller financing negotiable
Documents Available For Review: Financial Statements, Equipment List, Confidential Business Profile, Inventory List

Listing Details

Operational Summary

Annual Revenue: $601059
Assets: $334473**
Earnings: $77457
Year Established: 1959
FT Employees: 14
Inventory: $31273**
PT Employees: 2
Location: Edmonton, AB
Broker: Finan Ghebre
Contact: Finan Ghebre (780-495-9295)

Finan Ghebre

info@absales.ca

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Business Listing: VBY06142022