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Food, Beverage & Hospitality business for sale in Canberra

  • Food, Beverage & Hospitality
  • Canberra ACT 2600
  • $290,000 (GST na)

Wholesale Bakery and Coffee Cafe in Canberra. Established over 16 years

Business ID: BS9277

Wholesale Bakery PLUS Coffee Shop / Cafe. Projected Owners Earnings: $150,000. Over 100 Active Wholesale Clients with deliveries across Canberra.

This Landmark Bakery is in the South Side of Canberra.

- The business has a strong Wholesale client base and delivers to 100 plus customers daily.(55% of Sales)

- The Cafe offers an easy menu, good coffee and range of fresh bakes daily(45% of Sales)

The Bakery has been operating for over 16 years and is a well known and highly visible business.

BUSINESS HIGHLIGHTS

-Business Turns Over between $1.3 Mill and $1.5 Mill a year
-2018 Projected Profit $150,000
-2017 Profit after add Backs $130,000
-2016 Profit after add Backs $140,000
-The business will sell as a going concern including reassignment of lease or otherwise as can be negotiated with Landlord
-The Business has been running for over 16 years and a well know supplier of baked goods and coffee in Greenway
-The Business has over 120 wholesale clients on books with 100 placing regular orders for daily delivery
-All Assets and Equipment included in the sale. (Replacement value is estimated between $150,000 and $200,000)
-All staff in place and experienced in their role
-The business is mostly self-managed at this stage however would require a new owner to grow and prosper well into the future.
-Full handover is offered by owner to ensure Staff and Clients are well settled.

This business is ready for a new owner to come in and expand on its current foundation. Spare capacity will give this bakery plenty of room for sales growth. Also, if you have a flair for the coffee and cafe trade, your stamp on this business can only make sales go one way.

Asking Price: Price is set at $290,000 plus stock

Business Highlights

Business ID2014653439
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Last updated  26 Jun 2019
Map for Canberra ACT 2600Canberra ACT 2600
Xcllusive Business Sale Balmain
G14, 1-15 Barr Street Balmain NSW 2041

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