Established for many years, the Bakery is located on Main Street in the city. Over the years, this traditional bakery has become known to thousands of people for its quality of fresh bakery products made on site (breads, pastries, sandwiches). But also for its diversity and its complementary products, such as cheese, charcuterie, chocolate, coffee, etc. This reference in the city is placed in a room full of charm also has its small terrace. Turnkey with possible financing.
Type of business: Bakery - Viennese pastries - Ready-to-eat - Charcuterie - Cheese - Pastry (purchased from a supplier)
Products: Natural bread made by hand with sourdough or yeast, wide variety of homemade pastries. The homemade breads (about sixty different varieties) are sugar-free, fat-free, milk-free, without additives or enzymes. Whole, natural unbleached flours.
Reason for selling: Retirement
List of equipment available: Yes with an appraisal report of $272,700
Date, deadline for signing deed of sale and occupation: 30 days, or any other date or deadline reasonably agreed between the parties to the transaction.
Involvement of the seller after the sale: Available to succeed in a perfect transmission of his business.
Financing conditions: Free assistance with the financial arrangement of MayDay Strategies and possible participation, possible sales balance from the seller.
Inclusions: 1° the name and the goodwill; 2° all the rights and privileges related to the identification of the enterprise (telephone number, signs, advertisements, etc.); 3° all movable property, apparatus and equipment used in the operation of the Enterprise; 4° The Company's inventory of merchandise (+/- $15,000) is included in the sale, but is not included in the above price in the event of the sale of assets. Thus, the sale price will be increased by the fair market value of said Company inventory on the effective date of the transaction, as determined between the Seller and the Buyer. But they are included in the case of a stock sale.
Exclusions: 1° accounts receivable; (2) accounts payable and debts; 3° bank accounts.
Stage of development: Growth
Market description: Growing market (bakery, pastry, ready-to-eat) of quality
Clientele: Family, Professional
Description of the competition: Pies and Clafoutis but they do not make bread and are more accessible to catering and pastries.
Financial situation and forecasts: Excellent
Market opportunities: Still room for local market growth. Possibility of opening on Sunday and Monday.
DESCRIPTION OF THE PREMISES
Area: 2,000 sf on the ground floor and 1,700 sf in the basement, total 3,700 sf
Monthly rent: $4,000 /month + municipal, school and business taxes +/- $4,000 per year
Base rent/sqft: $13/sqft
Start of lease: To be defined as the renewal option
Easy street parking
Terrace: 10 seats
BROCHURE WITH INFORMATION ON REQUEST
Commercial , Residential
MORTGAGE PAYMENTS CALCULATOR
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