This established bakery first opened in the late 1980’s and has since gone on to become one of the largest producers in North America. An established flatbread and pita producer, the company has managed to develop a reputation for its quality, customization and consistently loyal clientele.
The company currently has a large market share within Canada and exports make up 20% of revenue within the USA. Presently the business distributes to major supermarkets, including Food Basics, WalMart, Freshco, Metro, Sobeys and No Frills.
The production facility is 40,000+ sq. ft. and is HACCP and BRC Certified, meeting all requirements for food safety standards set by the Ontario and US Government. The current lease expires in 2029 and has a production capacity of $40M without further capital investment required.
This is an excellent opportunity for an investor or owner-operator looking for a successful turn-key business. In addition, the existing owners are willing to provide the required training and support to ensure a smooth transition.
Asking Price: Available upon request
Revenue (2016): $11,000,000
EBITDA (2016): $1,300,000
Employees: 120+ Unionised
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