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$699,000

A rare opportunity to acquire a renowned bakery, one of the GTA's most iconic and award-winning Italian bakeries, operating for over 60 years in Toronto and now serving Mississauga and surrounding regions. The bakery is renowned for its wedding cakes, specialty pastries, artisan desserts, and its signature cannoli, zeppoli & gelato. The brand holds strong recognition, multi-generational customer loyalty, and a premium market reputation. The business operates from a 7,500 sq ft retail and production facility located in a high- traffic area of Mississauga. The space includes a full commercial bakery setup with significant leasehold improvements, walk-in coolers, freezers, commercial ovens, pastry equipment, refrigerated showcases, POS system, and storage areas. Replacement value of equipment and build-out is estimated at $800,000. The store features ample workspace, retail counters, and a well-organized production flow suitable for scaling operations, wholesale distribution, online delivery, or catering expansion. Financially stable and consistently performing, the bakery has consistent production capacity and operational continuity. Estimated annual net operating income is approximately 25% offering a solid return with potential for further growth. The business presents excellent upside opportunities for motivated buyers. Potential expansions include: introduction of more online ordering and delivery platforms, wholesale partnerships with restaurants and cafés, increased corporate and wedding catering, modern digital marketing, and leveraging its strong brand for multi-location or franchise development. With a premium facility, reputable brand, and well-established systems already in place, the Bakery is suitable for both hands-on operators and strategic investors seeking to expand in the bakery, café, or specialty foods sector. (id:50976)

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https://www.realtor.ca/real-estate/29172112/mississauga-northeast