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Bakery With Coffee Shop In Surrey For Sale

Surrey, British Columbia
Asking Price:
$298,000 (CAD) Furniture / Fixtures included
Turnover:
$670,000 (CAD)
Net Profit:
$102,000 (CAD)

This is an established business with a reputation for good quality baked goods and soups/sandwiches. It offers fresh organic breads baked daily on-site. Customers stop in for lunch to enjoy hand-crafted sandwiches and soups and daily lunch specials. Freshly baked muffins and pastries for breakfast, cookies and cakes are also available. Custom order service is also available for wedding cakes and desserts any celebration.

Steady, long-term customers providing stable repeat business.
Excellent high-visibility high-traffic location.
Fully equipped professional commercial baking kitchen.

Property information

Real Estate:

Lease

Leasehold Rent:

$87,000 (CAD) per annum

Location:

Surrey

Premises Details:

The facility is 3,000 sq., ft. and contains seating area, display counter, commercial kitchen, baking facilities along with walk-ins (freezers & coolers) and female, male and handicapped washrooms. The business owners lease the property and are currently on the first year of 5-year terms with a 5-year option to renew. Currently, the unit is leased at $7,980.46 per month gross (including tax), which includes 8 designated parking spaces along with common parking. The location is very good as it provides generous exposure to traffic along a major thoroughfare and provides easy access into the parking area via two driveways.

Size in square feet:
3,000

Business Operation

Expansion Potential:

The current owner believes that a motivated buyer could take this business to the next level through introducing a deli counter with cheeses and deli meats, increase it’s share of whole-sale business and expanding it’s soup and sandwich offerings as this segment of the business has seen consistent growth.

Reasons for selling:

Retirement

Trading hours:

Monday - Saturday: 7:30 am - 5:00 pm

Employees:
7
Years established:
2000

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$7,000 (CAD) - included in the asking price
Inventory / Stock value:
$3,000 (CAD)

Contact Information

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