Retail Bakery (Metro Vancouver)

Business Listing
REF: 311811-N9D16
EBITDA: Undisclosed
REVENUE: $1,192,444
Client Asking Price: $625,000
UNDER OFFER

Retail Bakery Overview

The Retail Bakery is located in the Metro Vancouver region of British Columbia, Canada. The Company provides a large selection of high quality baked goods (cakes, breads, pastries, etc.) to retail customers.

Industry

The bakery category was the second-largest segment in the total packaged food market in Canada, representing 17.6% of value sales in 2011. The bakery market in Canada, including frozen bakery and desserts, had total value sales of $8.6 billion and total volume sales of 1.2 million tonnes in 2011. The bakery product market in Canada is expected to reach $9.6 billion in value sales by 2016.

Management

The Retail Bakery has 20 employees. The business has a diverse range of experienced and long-term employees who will be a part of the transition to new owners. Staff can handle day-to-day bakery operations without the constant presence of the owner.

The current owner of the Retail Bakery is willing to remain in the business after the sale for up to 6 months (or longer if further consulting required) to ensure a smooth transition.

Property

The Retail Bakery leases a 3,800 sq. ft. facility.

Financials

2012 2013 2014 2015 2016
Revenue $ 1,082,730 1,080,557 1,117,784 1,171,287 1,192,444

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