Location:
Regional NSW > New South Wales
Investment level:
$1,300,000 + SAV
Type:
Business
Industry:
Food & Drink > Takeaway & Casual Dining > Bakery
This is an award winning & long-established bakery-cafe located in the Central West of NSW in a beautiful tourist town.
Located in Central West NSW, the bakery-cafe occupies premises approx. 603 sqm in size & has over a 110 seat capacity & is considered to be within the heart of the local community.
There is a huge untapped opportunity to:
Expand the wholesale supply side of the business which has never been explored.
Expansion of the current premises to increase seating capacity which is currently just over 110 seats.
Wholesale revenue is small at present but represents a significant area of potential given the range of products the bakery can supply and particularly the demand for its range of housemade pies.
Owner experience and/or experience in operating/running a Bakery and/or a cafe will be useful & beneficial. Alternatively, the business can afford to employ staff with the required skills.
Owners x2
FT x 9
PT x 10
Casuals (Adults) x9
Casuals (Junior) x9
Other x2
Currently sitting at a healthy 4% of total business t/o.
1 year remaining with a 2 x 5 year option available.
Owners x2
FT x 9
PT x 10
Casuals (Adults) x9
Casuals (Junior) x9
Other x2
Detailed Staff breakdown can be found within the Information Memorandum prepared for the business, please enquire to obtain this document.
The owners have owned the bakery/cafe for over 20 years & are motivated to move on providing a reasonable price can be achieved.
On offer is an extremely exciting opportunity, this Bakery/Cafe has been established for over 20 years & is extremely well renown within its community in NSW's Central West.
The Bakery/Cafe has won multiple awards & has generated impressive online reviews with an average over 4 stars across multiple platforms. Financially, the bakery/cafe produces strong results financially yearly with the previous financial years resulting over $2.5m in total sales & producing a very healthy profit margin contributed by the exceptional margins (Rent at only 4%. COG's at 28%)*.
In addition, there is ample room for potential & future growth, wholesale is yet to be explored as mentioned above + potential for internal expansion to increase seating capacity proves this opportunity is worth enquiring for.
Key facts about this business:
- Award Winning & very well renown
- Long established, 20+ years
- Huge potential via Wholesale & an increase to seating capacity.
- Very attractive lease, sitting at 4% of the total turnover (industry average sits at 8% to 10%) with a 2 x 5 year option available.
- Approx 50kgs of coffee sold per week, 110+ seat capacity & exceptional online reviews across multiple platforms.
- Location is within the heart of the local community, contributing to the strong & consistent sales per year.
For more information on this opportunity, please contact the undersigned:
Nick Poulos
Business Sales Specialist
M: 0410 076 114 T: 1800 858 696 E: nick.poulos@mentored.business
For more details go to www.allsales.biz and complete our online confidentiality agreement. Use the reference ID 20556047 to search for the business.
Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
Operating for over 20 years, multiple awards won throughout & certain key decisions regarding location & expansion have resulted in a very successful & renowned history for this bakery/cafe.
More regarding the history of this business can be found within the Information Memorandum which can be obtained following an enquiry.
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