Summary
This 24 years young business has been recently refurbished to keep up with the times and customer orders. Netting well in excess of $200k. Located in beautiful Bargara in the main Shopping Centre.
Location Details
Shop 2 Stockwell Bargara Central, 699 Bargara Rd
Located in beautiful Bargara in the main Stockwell Shopping Centre (which is again expanding). You will find the shop perfectly located next to ALDI and near Woolworths.
Potential
The current owner is considering removing the glass front and putting in bifold doors to create a French pattisserie atmosphere. Changing to a higher quality coffee will also increase sales in this area as coffee has always been a sideline rather than a full option.
Skills
The current owner is a pastry chef and can teach a new owner the core menu in a month. If you prefer to bring in a pastry chef or order wholesale then you just need a good customer service focus.
Hours
5.30 - 3.00 Mon - Fri
5.30 - 2.30 Sat - Sun
Lease
12 months left which can be assigned or a new lease created.
Employees
Casuals and the owner.
Reason for Sale
The owner needs to return to Melbourne.
About the Business
Busy “Bargara Bakery and Café” in Stockwell Central now for sale.
This business has been around for 24 years and the production area has been recently refurbished to keep up with the times and customer orders. Located in beautiful Bargara in the main Stocklwell Shopping Centre (which is again expanding). You will find the shop perfectly located between ALDI and Woolworths.
The business procures bread whilst the pastry chef owner prepares all fresh buns, pies, pastries and cakes. This along with a recent introduction of a sandwich bar has improved both sales and profitability.
The bakery is of the café type design and moves about 12kg of coffee a week, which can be dramatically grown. The new purchaser (if not a baker) could easily convert the business to a Café Patisserie/Bakery (buying bread and pies in from a wholesaler) and expanding the coffee, cake and takeaway food range.
The business is run by the owner who is a pastry chef and he has a team of customer service staff / baristas. No worries if you aren’t a pastry chef as the owner is happy to teach the production side if you want to be hands on.
There is 12 months left on the current lease which can be assigned or you can have a new lease.
The asking price is $245,000 including all assets and stock. Current financial year is forecast to $200k profit.
Bake in paradise and enjoy a walk on beautiful Bargara beach every afternoon.
Contact Peter at Bundaberg Commercial on 0421 253 771 for a business profile.
History
This business has been around for 24 years and the production area has been recently refurbished to keep up with the times and customer orders. Several owners have each improved the bakery so that it has a really nice setup and feel. The recent owner has changed the back area to be more production focussed and this has increased profit margins due to making his own cakes and pies.
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