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***The current owners will only entertain offers from parties with food services industry experience. If you have that experience and are interested, please contact the seller through the form on this page.***
An exciting business opportunity now exists to acquire or invest in one of Ottawa’s bakeries specializing in high-quality desserts. With consistent annual revenue growth and profitability for almost a decade, it is a very stable business. The company has multiple sales channels: stores; channel partners; retailers, and; an e-commerce website. The site, which attracts +80,000 visitors and generates ~270,000 page views annually, automatically processes online orders, and then schedules them for production, delivery, and pick-up via an order management sub-system. Google AdWords campaigns drive not only these 24x7 sales, but daily foot traffic to the area brick-and-mortar area stores. As a testament to its success, the business has been named "Best Small- or Medium-Sized Enterprise of the Year” in the National Capital Region (NCR) by the Regroupement des gens d'affaires (RGA).
With strong branding, excellent food products, great customer service, and documented, repeatable processes, this award-winning bakery is a proven business concept poised for expansion. It could be bought by an existing franchising group or industry player who have the capacity to take it to the next level by formalizing a franchise concept, and expanding it to different markets. Close proximity of locations might not only grow dessert dollars, but it could increase table turns and meal revenues at existing outlets, creating lucrative synergies (i.e., “We have good desserts, but next door they are even better. Would you like your check now?”) It could also be acquired by someone who could continue to run the business and enjoy its success, or add more stores. Or the current owners might be interested in selling a partial ownership position to the right buyer or investor under the right terms and conditions.
The annual rent for one store is $36,000 and for the other it is $44,400,
Byward Market and Westboro
With strong branding, excellent food products, great customer service, and documented, repeatable processes, this award-winning bakery is a proven business concept poised for expansion. It could be bought by an existing franchising group, who have the capacity to take it to the next level by formalizing a franchise concept, and expanding it to different markets. or it could also be acquired by someone who could continue to run the business and add more stores.
There is competition but the business has successfully positioned itself at the outset as a “quality leader” and managed itself on a sustainable financial basis, providing a good return on investment, offering career development opportunities for its employees, and promoting socially responsible business practices.
Seller understands that a period of training and transition will be needed to make sure of the continued success of the business under new ownership. Therefore, they are willing to provide an agreed upon training and transition period to the new owner, at conditions to be negotiated.
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