Small town doesn't mean small bakery (freehold or leasehold available)

31 days ago

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Summary

Located in a prominent position in the main street of Monto. Last year the business increased net profit by 29% due to expanding lines, bulk price procurement and the nearest competitor is 100km away.

Location Details

35 Newton Street
Located in a prominent position in the main street of Monto, between Mitre 10 and the newsagency. Monto is a bustling Queensland country town located west of Bundaberg. Part of Australia's Art Trail, the charming town has a growing tourism industry.

Potential

This business is a great catch with opportunities to expand further including by offering barista coffee and cafe meals. The owners have built this business on word of mouth alone using no social media or online marketing so there is also plenty of marketing opportunity available.
There is also the potential to increase revenue through extended trading hours.

Skills

The current owner is a scratch baker and there is plenty of bulk bakery producing equipment to support the retail and wholesale side of the business. There is opportunity for a new owner with basic baking nous to be highly profitable by changing to a mix of fresh made and purchased products.
The rest of the family manages the counter and deliveries.

Hours

Monday to Friday 6.45 am to 4 pm.
Saturday 7 - 12pm.

Lease

Lease is current till May 2024.
The dual tenancy building is also for sale at $415,000.

Employees

One baker/delivery driver.
One front of house person on the counter and who assists with food preparation.
Three casuals support the retail , food preparation and general cleaning of the premises.

Reason for Sale

The family has created, grown and run the business for the last 30 years and are thinking that it might be nice to travel and sleep in a bit.

About the Business

Large Bakery which dominates region, now for sale.

This 30 years plus established bakery has a loyal clientele of return local and interstate travellers.

Located in Monto on the popular A3 inland highway, west of Bundaberg, this well-known bakery profits from both in store retail sales and wholesale deliveries throughout the North Burnett Region.

Being centrally positioned in the Business Centre, this bakery benefits from high foot traffic, to which it provides high quality bread, pies, cakes and pastries.

This bakery comes fully equipped with (just to name a few):-
- 20 tray, 3 deck electric oven
- 12 shelved, centre fired gas oven
- Bakery plant
- Semi-automatic pastry sheeter
- 2 spiral mixers
- Walk in cold room and freezer
- Delivery van
- And more

There are huge potential growth opportunities to expand into a bakery/cafe, and also to extend trading hours (currently 5 ½ days per week). Being the only bakery in town, the sky is the limit.

- Area approx 290.87m2.
- Current weekly rent $268.92.
- Currently trading from 6:45am-4:00pm weekdays, and 7:00am-12:00pm on Saturday.

This business can be purchased either as leasehold or freehold.

Great opportunity not to be missed, inspection highly recommended. Contact Peter Bender
From Bundaberg Commercial on 0421 253 771 for a business profile.

History

For thirty years this family run bakery has built steadily increasing revenue and net profit from both store front retail sales and external wholesale deliveries to a variety of businesses in and around Monto.

This bakery provides delicious, high quality scratch mix bread, pies, pastries and cakes to it's many loyal customers and travellers.

The bakery comes already established with everything set up to jump right into business. Suitable for someone with basic baking skills and the baking veteran alike.

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