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Well established Bakery & Satellite store for sale
Kelowna, British Columbia
Food and Kindred Products | Nondurable Goods
Asking Price $750,000 Inventory $30,000 
Revenue $2,100,000 Real Estate Not Disclosed 
Cash Flow $259,607 Year Established 1983
FF&E $1,251,722 Employees 20
> Glossary of Financial Terms
Biggest Bakery in the beautiful Okanagan Valley

Successful Bakery has been in business for over 30 years. Dedicated happy staff and customers. Steady increase in sales each year.
Facilities and Assets: Sale includes the entire operation which consists of two bakery locations. The first location is 12,000 sq feet doing bakery wholesale, bakery retail and a 50 seat bistro, with a 10 year lease with a another 10 year option. The second bakery location is a 1084 sq ft retail bakery with a 3 year lease and two options of 5 years.
Market and Competition: Both Bakeries are very popular with the local residence. The big bakery has been in operation for over 30 years and at its current location for over 16 years. The second location has been in business for over 9 years and is anchored with a popular meat store and a produce store.
Growth and Expansion: There are consistent requests for us to open other locations throughout the Okanagan Valley. As well, currently there are two established auto dealerships building next to us with over 200 employees between them.
Financing: potentially up to $350000 pre-arranged loan available
Support/Training: Our operation is run by a husband (baker) and wife (bookkeeper/retail sales/bistro-restaurant) who are both available to stay on as required for training. This business is best suited for a marketer/manager
Reason Selling: lifestyle change

Business listed by:
Brenda
250-765-5822
 

AD # 103843
The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad.
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Business listed by:
Brenda
250-765-5822
 



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