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Authentic Certified Organic French Bakery
Location Nova Scotia,Canada
Asking Price Range $250K - $500K
Gross Revenues $628000
Net Profit / Cash Flow $131000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 1 - 3
Inventory All FF&E included for turn key operation.
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Available to ensure smooth transition.
Reason for Sale The owners are young with a young family. They want to spend more time with their children and realize the commitment necessary to bring the business to the next level that which will take time, capital and expertise. They feel at this moment in time the
Description The bakery for sale bakes over many types of French breads, viennoiseries, and pasteries, currently operates only 4 days a week, and uses only fresh ingredients, pure and natural. The baking is done with poolish, sourdough, and other high qulity ingredients. The viennoiseries are not organic, however, the bakery uses only pure ingredients.
In addition, the bakery offers a variety of cheeses at local markets as an extra bonus for the consumer. They come for the bread and when they see the cheese, it compliments it well. The breads and viennoiseries can be found year round at The Halifax Brewery Market, Wolfville Market, Mahone Bay Market, Planet Organic, Petes Frootique (both locations), the Italian Gourmet and Italian Market as well as Mariposa in Tantallon and a few other locations in the Halifax area. The bakery markets to several restaurants in Lunenburg, Mahone Bay, Tantallon, Wolfville, Annapolis, Halifax and Dartmouth. From mid-spring until the end of autumn, the bakery products can be found at farmers markets in Lunenburg, Annapolis Royal, Hubbards, and Musquoidobit.
They pride themselves on keeping the European style artisan baking alive in our modern day. The bakery never compromises quantity for the quality and ensures a high standard of products and service.
All FF&E Included
Asking Price: $410,000
Gross Revenue: $628,021
Gross Revenue Comments: (March 31st., 2008)
Cash Flow: $131,072
Cash Flow Comments: before owner salary
Market Outlook and Competition: Product Development: There is growth potential in new product development such as pastries and other bakery products not yet developed. Marketing: No marketing has been done for the past few years. Add Production Shifts: Their existing work week consist only of four days. Expand Markets and Locations: Another location could be open, in the valley or outside of Halifax, specifically Truro. A bakery in Truro would be a strategic move to penetrate the New Brunswick market.
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