Opportunity to Purchase One or Both Bakery Sites T/O in excess of $2 million
First time to market is this two-site bakery and production business which has been serving the local community for the past 30 years situated within the Central Goldfields area of Victoria.
This is an incredible opportunity to purchase either one or both of these bakery sites.
Combined T/O in excess of $2 mill and both sites successfully continue to see year on year growth in sales and profits.
The business is currently located over two sites:
Site 1: Purchase Price $540,000 [T/O approx.. $1.2m]
Approximately 5,000 sq metres in size and includes all production facilities, a retail sales area, indoor dining for 40 customers plus an outside undercover area for 16 with space to extend.
Located within a high traffic shopping precinct surrounded by other major retailers including Safeway, Coles, Mitre 10 and Aldi there is no shortage of passing trade with plenty of on street parking available.
Opening hours are 6-30 am to 4-00 pm Monday to Sunday, with a 5 x 5 x 5-year lease currently in place.
Site 2: Purchase Price $160,000 [ T/O approx.. $800,000]
Approximately 2500 sq meters in size and includes retail sales area and indoor seating for 40 customers plus and outdoor seating area for 16.
Located along the main street, this is a high foot traffic area.
Currently trading 5 ½ days per week there is a 5 x 5-year lease currently in place.
The business is supported by a mixture of full time, part time and casual staff members.
Approximately 95% of turnover of the business is through retail sales with the remaining 5% from wholesale customers which both protects the overall margins of the business and allows plenty of room to grow this side a new owner wish to.
Having diligently built up the trade since establishing the business 30 years ago the owner is now planning to retire.
This creates a fantastic opportunity to purchase either or both of these highly profitable well-run bakeries where excellent operating procedures are already in place allowing the new owner to transition smoothly with the support and help of a highly organised team.
Both towns offer a very affordable lifestyle with bustling and growing populations. This creates the perfect opportunity to for relocation from busy mainstream cities.
Lease Details
Site 1: 5 x 5 x 5
Site 2: 5 x 5
Premises Details
Site 1: approximately 5000sq. ft.
Site 2: approximately 2500 sq. ft
Staff Details
1 x fulltime baker/ pastrycook
1 x 2nd year apprentice
1 x part time retail manager
1 x casual retail manager
1 x casual pastry chef
1 x casual baking assistant
1 x casual kitchen hand
12 x casual retail assistants.
Opening Hours
Site 1: 6.30am to 4.00pm Monday to Sunday
Site 2: 5 1/2 days
