Location:
Gold Coast Mc 4217 > Gold Coast > Queensland
Investment level:
$350,000 + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants > Bakery
Long established, highly profitable & famous bakery shop, independently operated 6 days per week and a popular daily destination for the locals.
$450,000 pa
This long established bakery nested in one of the most popular suburbs of the scenic Gold Coast and just 3 km off from Surfers Paradise.
A cozy, family-run business, it offers a warm, welcoming vibe that customers adore. Year after year, this bakery has shown stable, reliable performance of over $20K as averaged weekly sales with annual netting of close to $450,000 setting up a strong foundation for the next owner to build on.
Given with its long standing history, the shop has a great relationship with the landlord who supports this business with a reasonable weekly rent of less than $2,000 (inclusive of O/G, GST & Promo). Presently the owner’s son is the main baker supported by a couple of part-time bakers and a full time manager, who is loved by the customers, overseeing the front end of the business operations.
This business is perfectly suitable for 188A visa applicant and the owner has committed to offer an easy handover and post settlement tuition.
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
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