Group of bakeries South Shore of Montreal

Well-established bakery-pastry company in Montérégie
A production site and two well-located points of sale
Very good profitability and excellent profits
Well equipped for over $550,000
Quality products
Nice loyal clientele
Good team of employees
Turnkey for a very competitive price

GENERAL INFORMATIONS

Type of business: Bakery and more
Type of property: Sale of business / Goodwill
Sector of activity: Retail / Manufacturing and processing / Wholesaler /
Reason for sale: Respiratory allergy to flour of one of the two associates
List of equipment available with evaluation report: Verchères store $128,300, Varennes store $122,700, Production $306,200. Total $557,200
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 succeed in a perfect transmission of his business.
Financing conditions by the seller: Free assistance with the financial arrangement of MayDay Strategies and possible participation, possible balance of sale from the seller.
Inclusions: 1° the name; (2) traffic; 3° all the rights and privileges related to the identification of the enterprise (telephone number, signs, advertisements, trademarks, etc.); 4° all movable property, apparatus and equipment used in the operation of the Enterprise; 5° 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 in the case of a sale of assets, +/ – $31430. In the case of a sale of shares, the amount will be included in the sale price.
Exclusions: 1° accounts receivable; (2) accounts payable and debts; 3° bank accounts.

COMPANY DESCRIPTION

In operation since: 10/2013
Stage of development: Growth
Particularities of the company: French products including Alsatian and Quebec terroir
Junction: Route 132

HUMAN RESSOURCES

Management team: 2 co-owners (one full time and one part time)
Number of employees: 8 full-time (4 production / 4 sales) and 16 part-time

MEDIA

Company website: https://www.ma-mie-est-chaude.com/
Facebook : https://www.facebook.com/BoulangerieMaMieEstChaude/ 3 907 likes
Reviews: Google 4.8*

MARKET

Description of the market: booming business sector in Quebec
Clientele: Family, loyal, good income, expanding, 7 business clients +/- 10% of sales
Innovation: Has raised quality in the region
Description of competition: None in these cities
Market opportunities: Develop wholesale trade and develop delicatessen
Financial situation and forecasts: Excellent with good development prospects

BUSINESS HOURS

Varennes
Monday: closed, Tuesday to Friday: 7:00 a.m. to 6:00 p.m., Saturday and Sunday: 7:00 a.m. to 5:00 p.m.
Vercheres
Monday and Tuesday: closed, Wednesday to Friday: 8:00 a.m. to 6:00 p.m., Saturday and Sunday: 8:30 a.m. to 5:30 p.m.

DESCRIPTION OF THE PREMISES

Occupant: Tenant
Area: Production 2700 sf, Varennes 1600 sf, Verchères 1500 sf
Bail Production until September 30, 2024, possibility to extend, $2,382 per month
Lease Verchères October 31, 2025 + 2 x 5 years, $2,371 per month
Lease Varennes October 31, 2022, being extended, $3,931 per month
Terrace: Yes, Varennes and Verchères
Indoor places: 18 Varennes

FINANCE

Breakdown of income: Viennoiserie / bakery / pastry / ready-to-eat
2021 annual revenue: $1,657,855
Breakdown of income: 1st Viennese pastry / 2nd bakery / 3rd pastry / 4th ready-to-eat
Year-end date: July 31
Earnings before taxes, amortization and interest on long-term debt (2021 EBITDA): $256,849
Additional Salaries and Shareholder Benefits

FUNDING

Bank name: Desjardins
Line of credit amount: $20,000 Visa $10,000

POPULATION STUDY

VARENNES

Car friendly 10/10, Elementary schools 9/10, Daycares 9/10, Parks 7/10, Cafes 6/10
Population (2016): 21,257
Population change between 2011 and 2016: + 1%
Population density: 225 inhabitants/km2
Unemployment rate (2016): 4%
Population by age group: Average 40 years old, < 15 years old 18%, 15 to 24 years old 14%, 25 to 44 years old 24%, 45 to 64 years old 32%, > 65 years old 13%
Household income: Average $104,488, Less than $50,000 23%, Between $50,000 and $80,000 21%, Between $80,000 and $100,000 13%, Between $100,000 and $150,000 24%, Over 150 $000 19%
Profile of private households: Average 2.6 people, Households with 1 person 21%, Households with 2 people 36%, Households with 3 people 17% Households with 4 people 18% Households with 5 people and +7%
Family type: Couples without children at home 37%, Couples with children at home 47%, Single-parent families 16%
Housing occupancy: Proportion of owners 81%, Proportion of tenants 19%
Housing construction: Before 1960 9%, From 1961 to 1980 22%, From 1981 to 1990 28%, From 1991 to 2000 26%, From 2001 to 2010 10%, From 2011 to 2016 5%
Dwelling type: Detached houses 63%, Semi-detached or row houses 10%, Buildings less than 5 stories 27%, Buildings 5 ​​stories or more 0%, Mobile homes 0%
Education: University 24%, College 23%, Secondary 23%, Apprentices or trades 17%, No diploma 14%
Immigration: Non-immigrant population 96%, Immigrant population 4%
Languages ​​spoken: French 98%, English 1%, Other languages ​​1%

VERCHERES

Daycare 10/10, Car friendly 10/10, Greenery 7/10
Population (2016): 5,835
Population change between 2011 and 2016: + 3%
Population density: 80 inhabitants/km2
Unemployment rate (2016): 5%
Population by age group: Average 40 years old, < 15 years old 20%, 15 to 24 years old 9%, 25 to 44 years old 26%, 45 to 64 years old 29%, > 65 years old 16%
Household income: Average $86,760, Less than $50,000 31%, Between $50,000 and $80,000 22%, Between $80,000 and $100,000 13%, Between $100,000 and $150,000 22%, Over 150 $000 11%
Profile of private households: Average 2.4 people, Households with 1 person 25%, Households with 2 people 38%, Households with 3 people 15%, Households with 4 people 15%, Households with 5 people and +7%
Family type: Couples without children at home 44%, Couples with children at home 43%, Single-parent families 13%
Housing occupancy: Proportion of owners 75%, Proportion of tenants 25%
Housing construction: Before 1960 23%, From 1961 to 1980 30%, From 1981 to 1990 14%, From 1991 to 2000 9%, From 2001 to 2010 19%, From 2011 to 2016 5%
Dwelling type: Detached houses 71%, Semi-detached or row houses 6%, Buildings less than 5 stories 22%, Buildings 5 ​​stories or more 0%, Mobile homes 0%
Education: University 21%, College 17%, Secondary 22%, Apprentices or trades 22%, No diploma 19%
Immigration: Non-immigrant population 97%, Immigrant population 3%
Languages ​​spoken: French 99%, English 1%, Other languages ​​0%

VISITS

Appointment preferences: Evening​
Discretion requested​

Stanislas Didier Founding President Canada : +1 514 618-9165 France : 07 66 37 69 66 [email protected]	Benjamin Espaze Real Estate Broker RE/MAX L’ESPACE 514 581-9116