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Restaurant/Food Services Business For Sale in GTA North, ON (Listing ID: 2711)

Restaurant/Food Services

Newly Built Italian Bakery/Cafe

Restaurant/Food Services GTA North, ON

$319,000 CAD

Independent

Excellent opportunity to own a popular bakery/cafe. Operating for almost 2 years with all furniture and equipment in amazing condition. Profoundly rooted, steady customer base ranging from daily visits to multiple times a week. It is a one-stop-shop that includes hot/cold foods, pastries, and beverages. Event catering is also offered along with daily catering to daycares. Located in a growing neighbourhood plaza with good frontage, lots of walk-in traffic, and parking. Contracts in place, great reviews, new subdivisions being built, and demand for Italian food with little to no competition mean so much potential for growth and room for expansion. Seller willing to train to ensure a smooth transition. Get it before it's gone!

GTA North, ON Restaurant/Food Services Business For Sale Details

Legal Body

Incorporated

Established In

2019

Last Year of Completed Statements

2021

Gross Revenue

$318,000

Annual Earnings

$140,000

Land/Building Included

No

Rent/Lease Amount

$3,092

% of Business Selling

100%

Reason for Sale

Personal

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.

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Annual Return On Equity Calculator

Annual Earnings:

$140,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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