Own An Icon: 70 Year Bakery | No Competition | Freehold Available

Today, 5:01pm

Location:
Regional QLD > Queensland

Investment level:
$450,000 (Negotiable)

Type:
Business

Industry:
Retail > Food outlets

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Internal Ref: bus6642

Summary

Seventy years of trading and the only bakery in town: this is a once in a generation opportunity to acquire the iconic Home Hill Bakery, a stalwart in...

About the Business

Ninety-five percent of the range, from bread and cakes to pastries and specialty items, is baked fresh on site every day, backing up a strong local reputation with steady passing trade from the highway built on word of mouth for their quality products.

Alongside strong daily retail trade, the business holds established wholesale relationships with aged care homes, hospitals, schools and sporting clubs, income that doesn't rely on tourist season or passing traffic. Recent years have brought over $89,000 in upgrades, including solar power, a full shop renovation and new air conditioning, so a new owner step into a fully equipped, turnkey operation.

Freehold ownership is also available for a buyer wanting to control the site long term.

With the current owners retiring after building a stable business, this suits an experienced baker wanting their own shop, an owner-operator after a proven regional business, or an investor drawn to a genuine monopoly position.

Structured handover support is on offer, and clear upside remains through wholesale expansion, online ordering or a stronger social media presence. Don't miss out on this opportunity.


Business Snapshot

• Revenue: $1,842,053
• Earning Type: PEBITDA
• ROI On Asking Price: 55%
• Years Trading: 70
• Workforce: 23 (Mix of bakers, assistants, cooks, font of house and delivery)
• Freehold Asking Price: $650k


Key Details

• Uncontested market position, only bakery in Home Hill
• 70+ years of proven successful trading history
• Broad appeal: bakers, operators, investors alike
• $89,000+ invested in premises upgrades
• Freehold ownership available
• Diversified revenue: retail plus wholesale accounts
• Comprehensive handover support from retiring owners


WHO THIS BUSINESS MAY BE FOR:

• Experienced baker wanting their own shop
• Owner-operator after a proven regional business
• Investor after a stable, semi-passive asset
• Buyer wanting the business plus freehold


SUMMARY

With a wide-ranging, stable customer base of locals, travellers and wholesale clients, as well as a team of 23 staff already in place, a new owner steps into a stable business with minimal competition.

Enquire now for the full Information Memorandum while it lasts.


FOR SALE - Asking Price

Business: $450,000 or nearest offer
Freehold Commercial Property: $650,000


Contact the exclusive broker:
Kurt Simpson
Benchmark Business Sales & Valuations
M: 0400 224 161

If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the ref

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