SOLD – Leasehold Bakery & Cafe in Prime Seaside Location – Rainbow Beach

Description

Currently grossing approx. $20,000 p/w – No direct competition – Coastal lifestyle

Ed’s Beach Bakery is described by the many returning customers as the MUST STOP SHOP for tasty pies and sausage rolls on the way to and from famous Fraser Island. Located in beautiful Rainbow Beach – the Gateway to Fraser Island, this popular and successful business offers an excellent turnover, good profit margins and a great mix of customers.

• Well positioned in the Shell Service Station complex
• Customers include locals plus tourists visiting Rainbow Beach and Fraser Island
• Rent approx. $4200 p/m – 5-year lease due to be renewed 31 March 2021
• Staffing: Husband & wife team + casual staff on roster
• 2 weeks training period for a smooth transition

Whilst COVID has had some effect on this business, it is still currently grossing around $20,000 p/w, due to its great location, minimal competition and excellent reputation.

Trade is expected to increase over the holiday season due to the amount of accommodation already booked in the area, with more tourists holidaying within Australia, especially in popular locations such as Rainbow Beach and Fraser Island.

The patrolled surf beach, famous coloured sands, Double Island Point and many other attractions bring plenty of tourists to the area.

Visitors stop at the servo to fuel up before taking the barge to Fraser Island, calling into the bakery to buy bread, rolls, pies, coffee and drinks. Easter, Christmas and school holidays are always very busy times of the year.

In addition, Tailor Season from August to October, the 9-day Rainbow Beach Family Fishing Comp in July and other events happening in the town throughout the year also attract many people to the area.

Owners wanting to retire to spend time with family.

Priced for a quick sale: $300,000 WIWO