Summary
Small town bakery with an annual turnover over 1.8 million for 6 days per week, no public holidays. Rent / $24,544 pa Net Profit / $273,857 pa (before tax)
Revenue
$1,811,186 pa
Rent
$24,544 pa
Expenses
$859,785 pa
Net Profit
$273,857 pa
Location Details
Northern NSW
Located on main highway next to a fuel station and other shops including accountant, pet shop, physiotherapist, Laundromat and gym. Easily accessible and plenty of out front and street parking.
Potential
Potential for increased revenue if new owners wanted to open Sundays and/or public holidays. Potential for more wholesale in the area as well. Cafe componenet could be expanded or a second venue would also have potential based on current customer suggestions and the spread of our product in the area.
Skills
Would suit anyone with a passion for the food industry. Current owners willing to provide training if required
Hours
Hours
Open Monday to Friday 5.00am to 5.00pm and Saturday 5.00am to 2.00pm. Not open public holidays or Sundays.
Lease
Current lease till December 2026 with a further option to renew for another 3 years
Employees
Currently staffed with 3 full time bakers and 1 apprentice. 3 Permanent shop staff and several casuals complete a very capable and hard working team.
Reason for Sale
retirement
About the Business
Our business has a fantastic reputation in the area, with people coming from distances to get our products. We provide a fresh variety of products you would expect to find in a bakery - pies, cakes, slices, bread, bread rolls, etc as well as coffee, salad rolls and sandwiches etc. We also provide wholesale products to sporting clubs, schools, other businesses, and cafes etc. Our customers range from tradespeople to elderly (who both enjoy the easy, quick parking) to young working people (who enjoy quick lunches and coffee) and families (who enjoy our birthday cakes and packaged goods).
Already a sustainable business (even through Covid) there is potential to increase turnover or even open a second site in the area.
History
We have been open for over 10 years now and have grown each year. Starting from a closed down bakery this bakery has developed into a thriving business that is an essential part of the community that supports the region through all periods of the year.
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