Bakery - Cafe - Gold Coast QLD - Sales $26500 p.w. Long lease Low rent

2 days ago

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Internal Ref: F3479

Summary

SBX Code: F3479 - Bakery - Cafe - Gold Coast QLD - Sales $26500 p.w. - Long lease Low rent - Owners not bakers - Full financials available after signing C.Agreement

Rent

$1,243 pw

Net Profit

$4,500 pw

Location Details

Magnificent location close to beautiful esplanade waterfront and broad water on the Gold Coast. The bakery is within a high precinct area so the surr

Potential

Great potential to increase sales for full-time hands-on working owners - either a couple - two partners or even a family with teenage children. This will help reduce the current wage weekly bill and help the business operate more efficiently.

Hours

7 days - Monday to Friday 5 am to 4 pm. Saturday & Sunday 5 am to 3 pm. Baking Staff 630 pm to

Lease

Current lease expires on the 17.05.2026 + 2 x 3 year options , 3 month rental bond, - CPI annual re

Employees

Two owners work approx. 33 hours p.w. combined - staff is made up of 2 bakers - pastry cook - baristas - sandwich hands and casuals - approx. 20 staff working different shifts and hours.

About the Business

Bakery - Cafe - Takeaway - Gold Coast

SBX Code: F3479
Bakery - Cafe - Takeaway selling pies, sausage rolls, pastries, cakes and a large range of patisserie products, also fresh bread, sourdoughs, bread rolls, freshly made sandwiches, coffee and wedding cakes, etc. Uses approx. 60 kgs. of premium coffee p.w. High gross profit margin 71 %. Uses approx. 60 bags of flour per week. Outdoor seating for up to 40 people.The weekly figures shown are excluding gst - Increased foot traffic over the weekends..

Features
Hot location in idyllic strip shopping centre location - Brand new 4 deck oven installed September 2023 - Plenty of external seating - Low weekly rent and long lease currently in place - Solar panels installed in May 2024. - The business is currently run under semi management

Premises
Full bakehouse with rear door entry for deliveries, walk-in takeaway bar fully stocked adjacent to large coffee machine.

Comments
The coffee machine is around 2 years old, and is top of the range, worth around $40K, however this is owned by the coffee supply company. For security purposes the business has an integrated CCTV system which provides visibility both inside and outside the bakery. Misc.- 1 -includes accountant fees - repairs and maintenance - outdoor seating fees - oven payments - solar panel payments. GCC council Roadside Dining Licence / have use of adjacent takeaway to use roadside dining during day and approved by GCC and also have opportunity to extend current roadside dining space.

SBX Code: F3479

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