Home Details for 1445 Harmony N Road 500

Visit the REALTOR website for further information about this Listing. Rare opportunity to acquire a well-established and profitable COBS Bread franchise in the rapidly growing Durham Region. This successful bakery has built a loyal customer base, strong community presence, and consistent sales performance, making it an ideal investment for owner-operators or experienced multi-unit franchisees. No guessing on how a new location will perform and can project expected growth. Located in a high-traffic retail plaza (Smart Centres) which is surrounded by residential neighborhoods, schools, and major retail anchors, this business benefits from excellent visibility, ample parking, and steady year-round customer traffic. Housing in the area continues to be developed, with planning in place for an additional 46,000 homes. COBS Bread is one of Canada's most recognized bakery franchises, known for high-quality fresh-baked products and strong franchise support systems. This location offers a proven business model with immediate cash flow and significant upside potential in one of the GTA's fastest-growing markets. Tenured staff, consistent and predictable customer count with endless opportunities for community growth. Ideal for entrepreneurs seeking a turnkey operation with established systems, strong brand recognition, and a history of profitability. This is an excellent opportunity for an owner operator. Royalties are 7% +3%. Location is 4yrs into a 10+10 lease. All equipment was brand new in 2022 and is maintained regularly and is in like new condition. EBITDA of approximately 15%. Current owner is needing to downsize their operations. Initial inquiries will be managed by current franchisee, with all detailed financials to be provided at the appropriate point in due diligence phase of franchise approval process. Taxes included in cost of rent. (id:31684)

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