LONG ESTABLISHED & PROFITABLE High Volume Bakery/ Catering Business Grossing approximately $1.347 Million Gross Revenues and Net Income of $246,000 for 2022 serving up to and Over 2,000 Meals/Day for Great Clientele! Centrally located in the Tri-Cities in a Great 2,250 SQ FT Warehouse Space with Rent being approximately $4,300/MO including Taxes & GST with 5 Years Left on Lease + 5 Year Renewal! Seller's selling to Retire!! Great Opportunity for Entrepreneur to Grow This Great Business Opportunity!!
- Asking Price:
- $378,000 (CAD)
- Sales Revenue:
- $1,347,000 (CAD)
- Cash Flow:
- $246,673 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
6 Years Left + 5 Year Option
- Leasehold Rent:
-
47,076/Year including GST per annum
- Location:
-
Tri-Cities
- Premises Details:
-
2,250 SQ FT Space! Rent . Total Rent is approximately $4,300/MO including Taxes & GST with 6 Years Left + 5 Year Renewal.
- Size in square feet:
- 2,250 SQ FT
Business Operation
- Expansion Potential:
-
Tremendous Potential for Expansion!
- Reasons for selling:
-
Retirement
- Trading hours:
-
5 -7 Days/Week
- Employees:
- 4 Employees + 2 Owners
Other Information
- Support & training:
-
Sellers will Train!
- Inventory / Stock value:
- $20,000 (CAD)
- Relocatable:
- This business can be relocated.