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Mississauga, ON

4 bath • 7,576 sqft • Sale Of Business • 262 days on market

$599,000Price reduced 14%

A rare opportunity to acquire a renowned bakery, one of the GTA's most iconic and award-winning Italian bakeries, operating for over 60 years in Toronto and now serving Mississauga and surrounding regions. The bakery is renowned for its wedding cakes, specialty pastries, artisan desserts, and its signature cannoli, zeppoli & gelato. The brand holds strong recognition, multi-generational customer loyalty, and a premium market reputation. The business operates from a 7,500 sq ft retail and production facility located in a high- traffic area of Mississauga. The space includes a full commercial bakery setup with significant leasehold improvements, walk-in coolers, freezers, commercial ovens, pastry equipment, refrigerated showcases, POS system, and storage areas. Replacement value of equipment and build-out is estimated at $800,000. The store features ample workspace, retail counters, and a well-organized production flow suitable for scaling operations, wholesale distribution, online delivery, or catering expansion. Financially stable and consistently performing, the bakery has consistent production capacity and operational continuity. Estimated annual net operating income is approximately 25% offering a solid return with potential for further growth. The business presents excellent upside opportunities for motivated buyers. Potential expansions include: introduction of more online ordering and delivery platforms, wholesale partnerships with restaurants and cafés, increased corporate and wedding catering, modern digital marketing, and leveraging its strong brand for multi-location or franchise development. With a premium facility, reputable brand, and well-established systems already in place, the Bakery is suitable for both hands-on operators and strategic investors seeking to expand in the bakery, café, or specialty foods sector.

Listing Details

Originally Listed
$699,000
Listed
December 8, 2025

Price History

Location & Legal

Zoning
Commercial
Possession
Flexible

Commercial

Business Type
Bakery
Occupancy
Owner
Office / Apartment Area
300 Sq Ft

Included

Inclusions
Walk-in Coolers, Freezers, Displays, Mixers, Oven etc. Detailed List of Chattels will be provided upon deligence period.

Community

Postal area L4W

Population
19,744
Private dwellings
7,358
Median age
49.2
Average household size
2.7
Median household income
$105,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Mississauga · last 12 months

Median sold price
$870,000
Homes sold
5,431
Median days on market
24
Sale-to-list price
97.5%

Based on 5,431 recorded sales of commercial properties in Mississauga over the last 12 months.

Listed by

NEWGEN REALTY EXPERTS

Commercial figures

Building area
7,576 sq ft
Price per sq ft
$79.07

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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