Established Bakery in Busy Suburban Centre – QLD

$ 150,000
The assets and goodwill of the business are for sale for $150,000

Description

New 5-Year Lease. Well established clientele and significantly cheaper than a new store – Sale Price $150K

Owned by a husband and wife team supported by their family and other staff, this operation has been well looked after, as only an owner-operated business can be.

Established in 2010, the business has been under the current ownership since 2015 and the owners have decided it is an appropriate time for them to retire now that their children wish to go on to further study.

Selling a very wide range of products including a wide range of bread, sweet and savory products including pies and sausages rolls, sandwiches and coffee the business is well patronised by local residents, especially at the weekends. Catering services are also provided to local businesses.

– Excellent Presentation to current Franchise standard

– New 5 /year lease with rent $6802 per calendar month

– New flooring fitted to baking area

– Equipment has been well maintained

– Good location with easy parking

– Approx 200 sales per day

– New Wholesale customer buying $1500 pw

– Trade profit exceeds $450K pa (before expenses)

– Family Income $170K pa

– Experienced baker on staff

– 7 day trading 6am – 6pm

– Staff easy to find if needed

The Franchisor will provide retail and baking training to the new owner. This will be done at their training facility in Gold Coast for 6 weeks followed by in-store training/assistance for a further week.

This is an ideal operation for a couple looking to start their own business with the support of a very experienced Franchise operation to guide them along the way.

The business would also suit someone like the current owners, someone approaching the last few years of working life, looking to slow down a little and escape the fast-paced life in a major city or the stress of Corporate life.

The Bakery chain is extremely popular in its home state and does have a good reputation for the range it sells and the quality of the products produced.

Asking Price: The assets and goodwill of the business are for sale for $150,000. Stock will be charged separately based on the cost price.

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State

  • State: Queensland
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