Business ID: XB154366
TURNOVER: OVER $1M VIRTUALLY NO COMPETITION HUGE DEMAND
What an amazing opportunity to make a profitable sea-change to stunning Norfolk Island!
Hugely popular with tourists as well as the Island's lucky locals this South Pacific destination delivers a fantastic lifestyle.
On offer is a very successful bakery, that continues to grow, and is producing excellent net profits.
BUSINESS HIGHLIGHTS:
- Full-service bakery established in 1996 Excellent quality products
- Solid clientele plus tourist trade Supplier to the only supermarket on the island
- Located in the only shopping mall on the island, next to the supermarket
- Only one other (small) bakery on the island with limited distribution
- Customers include residents, tourists, cafes, and restaurants
- Commission on all products sold through the supermarket
- No advertising required due to location, lack of competition and high quality
- Owner operated with 3 F/T Bakers, 2 P/T Retail Assistants, and 1 Casual Retail Assistant
- Opportunity to extend trading hours including Sundays
- Being a baker would be an advantage, but is not essential
- Owner is returning to Mainland Australia for family reasons
All stock is transported by ship and comes to the island every 2 months, resulting in high stock levels to ensure constant availability.
An excellent business for a couple or partnership, there is always potential to add new products to boost revenue.
There are new customers every week as tourists tend to stay for a week at a time.
Local customers appreciate the quality of the products produced and the great service!
PRICE: $395,000 + SAV (averages between $50K to $70K)
Property Code: 4036
