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Accommodation & Food Services

Fine European Quality Bakeshop

Burlington, WA, USA
Updated 1 day ago
Established 1996

This business is a leader in the field of cakes and pastries in southern Ontario. The bakehouse is recognized for its “Quality, Consistency and Value-added Service” that is second to none. It is often benchmarked in the industry and the company is well respected by customers, business associates and fellow competitors in its trade. The bakehouse’s exceptional work, popularity and reliability rating have created a buzz in the media and the business has been featured numerous times on television and in magazines. After almost 28 years the owner has achieved everything he set out to do and is willing to pass the reins to the next owner who will benefit from the Brand, Goodwill and Loyal Customers that he has accrued.

Internal Id

20230727

Growth & Expansion

The global cake and bakery market is a huge and budding industry which is projected to grow at a rate of 3.5% per year to 2026. Employment of bakers is projected to grow 8 percent from 2021 to 2031, faster than the average for all occupations.

Inventory Included

No

Support & Training

The owner is willing to train new owner for a time to be negotiated.

Facilities & Assets

2 units totaling 2,600 sq. ft. plus 2 mezzanine storage areas of 400 and 200 sq. ft.

Number Of Employees

8

Market & Competition

There are no competing businesses producing similar quality products in the geographic area.

Real Estate Included

No

Reason for Selling

The owner wishes to retire and pass his business to another owner who will expand on the opportunities and possibilities which exist, even further.

Financials

Asking Price
$300K
RevenueMost Recent Year
$666K
Earnings (SDE)Last Reported
$157K
Assets Value
Undisclosed
Seller Financing
Not available

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