Bakery / Patisserie / Café Delicatessen / Ready to eat

Pains-Et-Saveurs, 2000, Avenue Victoria, Longueuil, Longueuil (agglomeration), Montérégie, Québec, J4V 1M6, Canada
***SOLD***
Pains-Et-Saveurs, 2000, Avenue Victoria, Longueuil, Longueuil (agglomeration), Montérégie, Québec, J4V 1M6, Canada

Description

Bakery / Patisserie / Café / Delicatessen / Ready-to-eat store
very well located on the south shore of Montreal.
Currently Pains & Saveurs.
Good location, good visibility, easy parking with good rent.
Little on-site manufacturing therefore easy to manage even for a professional name or an investor.
Good clientele.
Significant turnover and profits.

GENERAL INFORMATIONS

  • Type of business: Bakery / Pastry / Delicatessen / Ready-to-eat
  • Type of property: Sale of business / Goodwill
  • Sector of activity: Food
  • Reason for selling: Retirement
  • List of equipment available
  • Date, deadline for signing deed of sale and occupation: 30 days, or any other date or deadline reasonably agreed between the parties to the transaction
  • Involvement of the seller after the sale: Available to achieve a perfect transmission of sound company
  • Vendor financing terms: MayDay Strategies financial package assistance and possible participation, possible sales balance of the seller
  • Inclusions: 1° goodwill; 2° the telephone number; 3° all movable property, apparatus and equipment used in the operation of the Enterprise; 4° The Company’s stocks of merchandise are included in the sale, but are not included in the above price. Thus, the sale price will be increased by the fair market value of said Company inventory on the effective date of the transaction, as determined between the Seller and the Buyer (+/- $33,000).
  • Exclusions: 1° the name (only available under license) and the rights and privileges related to the identification of the company (signs, advertisements, trademarks, etc.); (2) accounts receivable; (3) accounts payable and debts; 4° bank accounts; 5° movable property and stocks of goods on consignment (list); 5° the devices and equipment that are the subject of a rental contract (list).

COMPANY DESCRIPTION

In operation since 2014
Stage of development: Growth
Particularities of the company: good location, good visibility, easy parking, little on-site manufacturing = easy to manage, good clientele

HUMAN RESSOURCES

Management team: 1 owner, 1 manager
Number of employees: 5 full-time including owner and manager and 7 part-time

BUSINESS HOURS

Monday to Friday: 7:00 a.m. to 7:00 p.m., Saturday: 7:30 a.m. to 6:00 p.m., Sunday: 7:30 a.m. to 5:00 p.m.

BANK

Current bank: RBC Royal Bank

MARKET

Market description: Growing market (bakery, pastry, ready-to-eat)
Clientele: Very varied, many women
Innovation: Good balance of the product range
Financial situation and forecasts: constantly improving

THE NEIGHBORHOOD

  • Daycares 10/10, Car friendly 9/10, Grocery stores 9/10, Elementary schools 8/10, Parks 8/10, Shopping 8/10, Pedestrian friendly 7/10, Greenery 6/10, Cafes 6/10 , Restaurants 6/10
  • Population (2016): 16,733
  • Population density: 3,515 inhabitants/km2
  • Population by age group: Average 42 years old, < 15 years old 17%, 15 to 24 years old 12%, 25 to 44 years old 24%, 45 to 64 years old 29%, > 65 years old 19%
  • Household income: Average $72,148, Less than $50,000 40%, Between $50,000 and $80,000 26%, Between $80,000 and $100,000 12%, Between $100,000 and $150,000 15%, Over 150 $000 8%
  • Profile of private households: Average 2.3 people, Households with 1 person 32%, Households with 2 people 32%, Households with 3 people 16%, Households with 4 people 13%, Households with 5 people and + 7%
  • Family type: Couples without children at home 37%, Couples with children at home 43%, Single-parent families 20%
  • Housing occupancy: Proportion of owners 62%, Proportion of tenants 38%
  • Housing construction: Before 1960 24%, From 1961 to 1980 54%, From 1981 to 1990 9%, From 1991 to 2000 7%, From 2001 to 2010 5%, From 2011 to 2016 1%
  • Dwelling type: Detached houses 41%, Semi-detached or row houses 18%, Buildings less than 5 stories 38%, Buildings 5 ​​stories or more 3%, Mobile homes 0%
  • Education: University 26%, College 19%, Secondary 24%, Apprentices or trades 12%, No diploma 18%
  • Immigration: Non-immigrant population 75%, Immigrant population 25%
  • Languages ​​spoken: French 54%, English 33%, Other languages ​​13%

DESCRIPTION OF THE PREMISES

Style: Corner room
Area: 2,500 sf
Monthly rent: 4,166.66 net, $20/sqft, $5,163 Gross
Included in the Rent: Building costs, Business and property taxes, Snow removal, Drainage
End of lease: April 30, 2024
Lease renewal option: 3 x 5 years
Deposit $11,622.06
32 seats

FINANCE

Turnover
2020 = $1,158,173 many closing days
2019 = $1,488,621
2018 = $1,266,575

EBITDA-EDITDA (Earnings Before Taxes, Interest and Amortization)
2018 = $148,394 gross margin 47.27%
2019 = $300,451 gross margin 52.93%
2020 = $239,479 gross margin 46.87%

VISITS

Appointment preferences: Evening​
Discretion requested​

Stanislas Didier
Founding President
Canada : +1 514 618-9165
France : 07 66 37 69 66
[email protected]
  • City Greater Montreal, Rive Sud Montréal, South Shore Montreal
  • Province Quebec
  • Area Montérégie
  • Country Canada

Details

Updated on June 4, 2023 at 12:56 pm
  • Category: Bakery, Caterer, Coffee Room, Épicerie fine, Mets préparés, Pastry, Ready to Eat Shop
  • Property Status: ***SOLD***

Overview

Compare listings

Compare
Stanislas Didier
  • Stanislas Didier