Internal Ref: SWB170524
Summary
Independent BAKERY - Lockyer Valley Region. No Francise Fees. $676,000 Annual turnover. Selling approx. 18-20kg of coffee per week. 32K rent/annum. Wholesale customers in place. Motivated vendor.
Revenue
$676,000 pa
Rent
$32,000 pa
Location Details
This bakery is located on a busy main road in Lockyer Valley Region and in close proximity to popular sporting fields, this bakery offers an excellent chance to cater to both locals, passing vehicle traffic and early morning tradies.
Potential
A great opportunity to expand on wholesale customers + Uber Eats. Increase trading hours. Currently only do the basic sweets also so there is opportunity to expand the range offered. Increase profits by involvement of owner working in the business (currently owner is not working in the business). Ideal for an owner-operator, to secure this highly visible & well-equipped bakery. Significant and loyal regular customer base. Business is in Eligible Region for SBO 491visa *(Seek professional legal and financial advice)
Skills
Will suit any experienced baker and ideal for an owner-operator who can connect with the local community.
Hours
Currently trades 6 days
Lease
$32,600 per year. Lease expires in October 2024 but can be extended.
Employees
2 Fulltime staff and 2 casual juniors. (owner is not working in the business).
Reason for Sale
After many years of owning and running the business, the owner decided to explore other opportunities and currently comitted else where.
About the Business
This is not a franchise bakery - NO franchise and advertising fees to pay. Fantanstic reputation with great following on social media. The current bakery offers fantastic pies, cakes, sandwiches, breads, coffees, cold drinks however it can accommodate any new menu offer as the kitchen is fully versatile. Also specialises in creating unique cakes for all occasions. This is an ideal owner-manager opportunity and there is virtually nothing to spend.
* $100,000 of Equipment included in the sale.
* $32,600 Rent per year. Monthly outgoings $560. Lease expires in October 2024 but can be extended.
* 150m2 shop area
* 2 Fulltime staff and 2 casual juniors. (owner is not working in the business).
Perfect choice for a hands-on owner-operator who can connect to the community.
Trading 6 days so excellent scope to increase trade.
Walk-in, walk-out basis.
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