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SOLD! Busy Artisan Bakery with Wholesale Contracts

November 29, 2022
Edmonton, AB
BBY03112022
Asking Price: $775000
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Price Reduced

Business Overview

Established in 2015, this popular, local artisan bakery is located in a vibrant building and neighbourhood in central Edmonton. Their specialties include sourdough bread, viennoiserie, and other baked goods, all from scratch. They use high-quality ingredients and traditional baking processes blended with modern equipment to create some of the best baked goods in the city. The bakery’s excellent customer service, strong client relationships, and high-quality baked goods have resulted in exceptional customer loyalty. Further, they are proud to service several wholesale customers, including some of Edmonton's best restaurants.

This business has fully built-out production and retail spaces with a loyal and growing clientele. Robust annual growth and financial performance, even through the pandemic, means immediate solid cash flows for the new owner. There is also significant growth potential from additional product lines and increasing opening days and hours. This business is an incredible opportunity for an energetic individual who has experience in a retail or production food business or in baking which is an asset but not a necessity given the experienced and skilled staff.

*Note: Revenues and earnings represent 2021 values

**Note: Assets are approximate and subject to change

Why This Business?

  • Quality of product
  • Location
  • Established product formulas and processes
  • Established product formulas and processes
  • Professionally designed kitchen
  • High-quality, new vintage kitchen equipment
  • Excellent skilled and experienced staff
  • Excellent customer service and loyal customer base
  • Robust annual sales growth and consistent, healthy cash flow
  • Profitability
  • Excellent growth potential

Operational Summary

Annual Revenue: $795607
Assets: 540,120
Earnings: $197498
Inventory:
Year Established: 2015
FT Employees: 4
PT Employees: 8

Additional Details

Reason for sale: Relocation
General Information: Seller is founder of the business. Owner support/training available
Documents Available for Review: Financial StatementsConfidential Business Profile
Jay Barrett
Jay Barrett
Business Broker

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