Description:
This wonderful business has been established 20 years with current owners operating it for almost 4 years.
Owner's state current weekly turnover of over $30,000.00 and a nett profit of approximately $260,000.00 per annum! Uses over 1 tonne of flour per week.
Loyal local customer following. A very busy shop with an average of over 400 customers per day during the week and much more on weekends.
This beachside town is still growing. This bakery is located only minutes away from the beach in a local strip Shopping Centre that also has a Supermarket, Liquor Store, Newsagency, Fish & Chips Shop etc. Plenty of parking.
Fully equipped kitchen that allows 3 x full-time bakers and pastry cooks to work comfortably. Excellent front of house display and counters. Most of the fully trained staff have been with the business for several years even before the current owners purchased the business.
Reason for Sale:
Owners need a break!
Broker's Comments:
A rare opportunity to purchase this business well-established showing a nett profit to owners of $260,000.00 per annum.
Overview:
Turnover: Owners showing weekly sales of over $30,000.00
Lease Term: 3 x 3-year lease term.
Rent & Outgoings: Only $1,400.00 per week.
Price: $450,000.00 WIWO.
Code: 303678
