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Top-rated And Profitable Bakery For Sale

South Okanagan, British Columbia, Canada
Asking Price:
$400,000 (CAD) Inventory / Stock included
Sales Revenue:
$366,054 (CAD)
Cash Flow:
$128,611 (CAD)

This is a high-end, quality bakery in the stunning Okanagan Valley. They have been apart of the community since 2012 and have only grown more and more popular with locals and tourists. They have a reputation for being the premium bakery in city limits with their exquisite sourdough loaves and extraordinary pastries. Attracting returning customers throughout the year from all over Canada and the USA, this artisan bakery has an incredible 4.5/5 rating on Google with over 100 reviews. For a driven Baker/Pastry Chef, this is a rare opportunity to own and operate a legacy business!

The business includes strong branding, complete with logos, graphics, colour schemes, and select merchandise, as well as great local partnerships with other artisans and crafters, creating a strong community bond. They also have a well-designed website with online ordering and payment available, plus a seamless online-to-store system including inventory, order history, and access to newsletters creates an easy learning transition. These factors have led to strong gross margins averaging 76% and SDE margins of 39% making this a profitable venture for an owner-operator.

In addition to the retail store, this business provides wholesale bread service to up to 10 wineries, restaurants, and cafes, securing year-round income and multiple platforms for brand recognition.

NOTE: to access further information please submit an online NDA available in the website field.

Property Information

Real Estate:

Lease

Business Operation

Expansion Potential:

The Bakery has positioned itself as the premium bakery within its region. To achieve its growth target of 20% year-over-year growth, the bakery invests in the following marketing channels:


Advertising

The business recently acquired a delivery/market vehicle that is branded and operates as a moving billboard. This is great when parked outside of catering events or driving throughout the city.
Another opportunity is to further advertise on the local morning radio show to discuss new projects on-air.


Relationships

Owners have established great relationships with local businesses in Osoyoos, Oliver, and Okanagan Falls. This has resulted in several wholesale clients (see clients & customers section).
Wholesale partnerships bring further awareness of the brand to a broader range of customers.
Online Marketing

The business has a strong online presence with a user-friendly online store that makes it easy for customers to purchase products online.
The business has also established online and radio partnerships and various industry groups to increase its brand recognition and communication reach.
Strong social media presence, posting new offerings, specials, and showcasing their wide range of baked goods. They also interact with followers regularly.
Sales Promotion

The business currently offers a bread loyalty program. The program offers a “stamp” for each loaf bought, and a free loaf after the purchase of 12 loaves. This has helped maintain their loyal customer base.
The business is implementing a 'Bread Club' similar to a wine club. This will create a periodical subscription service with fresh bread and pastries available for pickup or delivery. Other benefits of membership will include 'bonus' gifts such as jams, cheeses, dips, and other merchandise to reward customer loyalty. Bread Club will also offer members exclusive discounts, first-pick at new products, and invitations to outdoor dinners and brunches.

Reasons for selling:

The owners are ready to move on to new projects.

Other Information

Furniture / Fixtures value:
$128,040 (CAD)
Inventory / Stock value:
$15,321 (CAD) - included in the asking price
Website:
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