| Message Number | 416291 | ||||||||
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| status | Active | ||||||||
| Subject Line | Brampton - Bakery - Business only for SALE - $450,000 - Classical European Cuisine, Excellent quality in Leased Premises | ||||||||
| Business area |
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| Location, City | Brampton | ||||||||
| Have/Want | Have | ||||||||
| Business category | To lease - Retail/office Business Opportunities |
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| Date of Listing | June 19 2023 | ||||||||
| Type Description | Bakery | ||||||||
| Location | Brampton - Queen and Torbram | ||||||||
| Price | $450,000.00 | ||||||||
| Size | 2726 sq ft | ||||||||
| Zoning | SC241 Commercial | ||||||||
| Gross Income | 11,453.57 weekly and increasing | ||||||||
| Comments | This incredible Bakery has European flavour and much, much more, such as cannoli, tarts, cookies, cakes, other pastries, ice cream, breads, buns, and other specialty items. In addition, for lunch and snack customers there are other delectable foods and hot plate items available for eat in dining or take-out. The store also sells jarred homemade pasta sauces, plus other sundry items i.e. pickles etc., and shelves of specialty home cooking supplies. All equipment and baking tools are included, fully paid for, and in good condition. According to an external source, to install all such equipment in a premises of this size would cost approximately $600,000. All existing baking equipment and baking tools are fully paid for and included in the sale price. Vendor will provide pre-closing training for up to 2 weeks at no cost to the Buyer. The premises are currently leased at a total monthly rental of $8,072.28 including net rent at $21.00 per sq ft and TMI at $11.50 per sq ft annual up to June 30, 2023. It is understood (to be confirmed) that a 3 year extension of the lease is possible at $22.00 per sq ft net plus TMI and HST. The Tenant is responsible to pay for all utilities directly to the utility supplier. Di Giovanni Bakery has been operating in the premises for 39 years. The location is in a well established commercial area with adjacent residential subdivisions. | ||||||||
| Internet Links | |||||||||
| Member Identifier | 76 | ||||||||
| Control | MLS | ||||||||
| Name | Brian Batchelar | ||||||||
| Title | Real Estate Sales Representative | ||||||||
| Company Name | RE/MAX Realty Services Inc., Brokerage | ||||||||
| Address Line One | 295 Queen Street East | ||||||||
| City | Brampton | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L6W 3R1 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (905)456-1000 | ||||||||
| Cell Number | 647 274 5784 | ||||||||
| Home Number | 647 274 5784 | ||||||||
| FAX Number | (905)456-1924 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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