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World Famous Seasonal Bakery In Coastal Community For Sale

Alma, New Brunswick, Canada
Asking Price:
$1,750,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$250K - $500K (CAD)

Kelly's Bake Shop is ready for new ownership! This old fashioned family owned bakery has been an icon in Alma for over 60 years, being most known as "the home of the sticky bun". Located at the entrance of Fundy National Park, it has seen visitors in excess of 250,000 in a 6 month period. Operating from May to October, this iconic bakery has seen growth every year for the past 30 years. This is an opportunity that you don't want to pass up! This seasonal business has growth potential in expanding the operational season as well. Many visitors have yet to discover the new Fundy Trail Parkway and experience the beauty that is the Bay of Fundy. Equipment has already been added to accommodate future growth.
Comes with a building including 4300sqft plus a parking lot. Second level includes a furnished 2 bedroom apartment with laundry room and office.
Kelly's Bake Shop has been in the same family for 46 years. Small businesses don't survive this long without having something special and this business has it all!!
Take a look at the video below of our beautiful village. Look for the white building with the red roof located on the main street.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Entire second floor is living accommodation. 2 bedroom, 1 bath, laundry room, kitchen and living room open concept. Separate office from living space on same floor.

Location:

Premium Main Street location in tourist/fishing village

Premises Details:

Two story building with paved parking lot. Steel roof, municipal water/sewer, vinyl siding, wood construction on concrete foundation.

Size in square feet:
4292sqft
Planning Consent:

N/A

Business Operation

Expansion Potential:

The current operating season is 6 months. This season could easily be extended. The bakery currently does not sell it's wares outside this facility but has been approached by such retailers as Costco to carry the product.

Competition / Market:

This is the only bakery within a 50km radius.

Reasons for selling:

Looking to pursue other opportunities. Have operated this business for 29 years.

Trading hours:

10am - 5pm 7 days a week (spring & Fall)
7am - 5pm 7 days a week (July & August)

Employees:
12
Years established:
About 63 years. New building in 1996

Other Information

Support & training:

Owners are willing to stay on for a training period agreed upon between the two parties.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner is willing to negotiate partial financing terms.

Furniture / Fixtures value:
$250,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.