FOR SALE
$99,000
421 Richmond, London East, ON, N6A 3C8
About the Property
Own a standout bakery and café in the heart of downtown London at the historic Covent Garden Market. 'Delight' specializes in viral, realistic fruit pastries and generates approximately **$264,000 in annual net sales (excluding HST)**, with strong gross profit margins. This fully equipped, turnkey business includes existing staff, established supplier relationships, and a proven product assortment, with no baking experience required. Enjoy significantly lower overhead than a standalone shop, with base rent of just $895.56/month.
The market itself is a lively destination filled with diverse merchants, special events, and year-round activity that keeps the market busy. Two active wholesale accounts provide additional revenue, with a third potential partnership in discussion. With established retail sales and opportunities to expand wholesale distribution, this is an exciting opportunity to grow within a vibrant, high-traffic market destination.
About the Property
Own a standout bakery and café in the heart of downtown London at the historic Covent Garden Market. 'Delight' specializes in viral, realistic fruit pastries and generates approximately **$264,000 in annual net sales (excluding HST)**, with strong gross profit margins. This fully equipped, turnkey business includes existing staff, established supplier relationships, and a proven product assortment, with no baking experience required. Enjoy significantly lower overhead than a standalone shop, with base rent of just $895.56/month.
The market itself is a lively destination filled with diverse merchants, special events, and year-round activity that keeps the market busy. Two active wholesale accounts provide additional revenue, with a third potential partnership in discussion. With established retail sales and opportunities to expand wholesale distribution, this is an exciting opportunity to grow within a vibrant, high-traffic market destination.
Features
Property Details
MLS#:
X14140128
Status:
For Sale
Property Type:
Sale Of Business
Central A/C:
No
Bedrooms:
Heating Fuel:
Other
Bathrooms:
Heating Type:
Other
Parking:
Cross Street:
King and Richmond
Basement:
Maintenance:
Features
Property Details
MLS#:
X14140128
Status:
For Sale
Property Type:
Sale Of Business
Central A/C:
No
Bedrooms:
Heating Fuel:
Other
Bathrooms:
Heating Type:
Other
Parking:
Cross Street:
King and Richmond
Basement:
Maintenance:
Exterior:
Possession Date:
Presented By:
ROYAL LEPAGE TRILAND REALTY
Exterior:
Possession Date:
Presented By:
ROYAL LEPAGE TRILAND REALTY