Owner Absentee Artisan Bakery Business for Sale

Vancouver, BC
Asking Price: $722,983 ($1,000,000 CAD)
Business For Sale Details
Listed on Dec 19, 2024(Renewed on Apr 21, 2025)

*Established Reputation: The bakery was founded in 2004 and has built a solid reputation for delivering high-quality bakery items and customer service over its 20 years in operation. Celebrating two decades of success, the business is well-regarded for its reliability and commitment to excellence

*Market Focus: Wholesale with Retail Potential: Primarily serving wholesale clients, the business has cultivated strong, long-term relationships, with several customers relying on its products for over 20 years. Significant potential exists for the new owner to expand into retail markets, leveraging the well-established brand name and reputation

*Experienced and Skilled Workforce: The team consists of 25–30 dedicated employees, including managers, supervisors, receptionist, quality assurance staff, production managers, drivers, production workers, and skilled bakers. This experienced workforce ensures smooth operations and consistent product quality

*Financial Strength and Performance: As per the Seller, the business has a proven track record of profitability, with average annual revenues of approximately $1.8 million over the last five years

*Valuable Assets Included in Sale: Approximately $500K in tangible assets, including equipment, tools, and vehicles, are included in the transaction, ensuring the buyer has everything needed to maintain and grow operations

*Flexible Seller Financing Options: The owner is open to offering a small Vendor Take-Back (VTB) loan to the right buyer, providing financial flexibility and easing the transition process

*Comprehensive Transition Support: To ensure a seamless handover, the current owner is willing to provide extensive training and support, helping the buyer establish relationships with clients and navigate the operations effectively

*Ideal Buyer Profile: This business is an excellent opportunity for buyers seeking steady income and a thriving, established operation. It is particularly well-suited for first-time buyers or couples looking to acquire and grow their first business with a robust

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Financials (USD)

Asking Price $722,983

Cash Flow Not Disclosed

Sales $1,301,369

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Yes

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? No

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