8 - 420 HAZELDEAN ROAD
Ottawa, Ontario
MLS® X13792504
$599,900
- Status
- Active
- Property type
- Business
- MLS® number
- X13792504
- Bedrooms
- —
- Bathrooms
- 1
- Year built
- —
1 / 31Listing description
Rare opportunity to acquire a long-established bakery and food business with nearly four decades of history, strong brand recognition and approximately $1. 1 million in annual gross sales. Founded in 1988 in Hull, Quebec, the business became a staple within the local Portuguese community, particularly known for its traditional Portuguese bread, pastries and authentic Portuguese foods.
Over the years, the business built a loyal following that extended well beyond the Portuguese community. Today, the bakery continues that tradition from its established Ottawa west-end location, combining traditional Portuguese baking, café and prepared-food operations. Loyal, multi-generational customer base; fully equipped commercial bakery and production kitchen; extensive commercial equipment included; sales across bakery, café, sandwiches, hot food and take-home meals; established supplier relationships and operating systems; strong Ottawa-Gatineau customer following; turnkey operation with significant infrastructure already in place.
For an experienced bakery, restaurant or food-service operator, this represents an opportunity to acquire more than equipment and a lease-it is the acquisition of an established business, recognized name and brand, existing customer base and nearly four decades of operating history. Ownership is offering the business for sale as part of a planned transition into other ventures. Current owner is willing to stay on to help with the transition, train staff, demonstrate the day-to-day business, and all recipes.
Financial statements, equipment lists, lease information and additional business records will be made available to qualified buyers after an NDA. Do not miss this opportunity to build upon the existing business and utilize everything it offers
Property summary
- MLS® number
- X13792504
- Property type
- Business
- Land size
- Unit=405.77 FT
- Annual property taxes
- $4,379.54
- Days on market
- 4 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $599,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.