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Pizzeria & Cafe For Sale

Hamilton, Ontario
Asking Price:
$150,000 (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$200,000 (CAD)

The business has been serving the Freelton, Puslinch and Waterdown area for 14 years.

With 'locally famous' stone baked pizza, a great range of quality baked goods and a newly added ice cream parlor serving real London Ice Cream, Bakers Corner is a delicious stop for all of our customers.

Located conveniently off of Highway in Freelton, ON, Bakers Corner serves it's local community as one of it's only food vendors as well as through traffic and schools. There are also a large number of local campgrounds which boost sales in the summer months and in the winter months the town ice rink steps away from the store also maintains daily sales.

We also supply British Pride Bakery at St. Jacob's Farmers Market and make around 200 pizzas a week for this customer alone.

The annual turnover is approximately $300,000 and is an excellent business to own and operate. The introduction of delivery would be a fantastic revenue boost and would most certainly increase sales, it's just something we didn't have time to implement. We hold a 15 year lease (13 years remaining) with $2,400 monthly rent.

Since we took over, we have completely renovated the inside and kitchen. At the front we modernized the decor while maintaining a country feel and at the back we installed new equipment and made repairs where necessary to comply with newer health and labor laws.

Our reason for selling is due to needing to raise capital to fund our other business' upcoming expansion.

If you have any more questions, please do not hesitate to contact us.

Property information

Real Estate:

Lease

Lease Terms:

13 years left, $2,400 per month

Location:

Located in the heart of Freelton, serves many locations and clientele. As one of the only food outlets for some distance we are a very convenient option for local residents. We also serve a variety of customers from the surrounding cities; Hamilton, Waterdown, Guelph and Cambridge as well as through traffic from the very busy Highway. There are also an abundance of campgrounds and trailer parks which increase summer sales year on year.

Premises Details:

Is located in a quaint, country style building, shared with a busy antique shop. With a gorgeous patio for customers to enjoy their pizza, baked goods, coffee or Ice Cream.

Size in square feet:
600

Business Operation

Expansion Potential:

Expansion could immediately happen with the introduction of a delivery service. We began wholesale pizzas 6 months ago and are now up to 200 pizzas per week with one customer. The wholesale side of the business can grow exponentially with a dedicated owner.

Competition / Market:

There is very little competition in the immediate area. The closest pizzeria would be in Waterdown, 10-15 minutes away.

Reasons for selling:

We are selling to raise capital to fund the expansion of another business.

Trading hours:

We are open 7 days a week, with varying hours. The latest we are open is 9pm.

Employees:
5
Years established:
15

Other Information

Support & training:

Ample training will be provided, making pizza dough and standard ordering from our current wholesalers.

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