$650,000 +stock

FOR SALE

Business for Sale

Bakery

Total Area: 2,000 ft²
Maintenance Fees: $55

10385 Weston Rd #4
Vaughan, ON L4H 3T4 | Vellore Village | York

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A successful European style bakery located in rapidly expanding Vellore Village, offering a promising business opportunity. This well-established bakery has built up a loyal customer base thanks to its authentic old-world recipes, high-quality ingredients, and warm, welcoming ambiance. With its glass bakery cases filled with artisanal breads and pastries, the bakery transports customers to Europe with every visit. The expansive menu features customer favorites and offers hot breakfasts, lunches and dinners. The bakery has consistently generated an annual profit, demonstrating its viability as an established business. This charming bakery would be ideal for a new owner looking to run a proven profitable enterprise, or expand upon the current offerings. Existing supply arrangements can be negotiated.

Extras

Do not approach employees directly. Discretion is appreciated. P/L Statement Available to qualified buyers.

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Listed By	ROYAL LEPAGE SUPREME REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	N8216866
Last Updated	Aug 27, 2024

Property Summary

Property Type	Business For Sale More like this: Vaughan Business For Sale
Use	Bakery
Franchise	Non-Franchise
Category	Without Property
Occupancy	Own+Ten
Possession Date	TBD
Maintenance Fees	$55
Directions/Cross Streets	Weston Rd/Canada Dr
Neighbourhood	Vellore Village
Area	York

Price History

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Detailed Information

Freestanding	N
Bathrooms	2
Retail Area	70 percent
Total Area	2,000 ft2
Approximate Age	6-15
Elevator	None
Air Conditioning	Y
Basement	N
Chattels	Y
Garage Type	None
Days Open	7
Hours Open	7AM-7PM
LLBO	N
Employees	3
Heat Type	Gas Forced Air Closd
Financial Statement	Y
Gross Income/Sales	$615,185
Net Income Before Debt	$29,380
Hydro Expense	$93
Heat Expenses	$38
Insurance Expense	$50
Operating Expenses	$585,805
Year Expenses	$2,023
Expenses Actual/Estimated	Est
Estimated Inventory Values At Cost	$400,000
Seats	35
Sewers	San+Storm
Utilities	Y
Water	Municipal
Rail	N
Lot/Bldg/Unit Code	Unit
Zoning	Neighbourhood Commercial
Seller Property Info Statement	N

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