SUMMARY
Turnover $1.5M per annum (Ex GST) (approx.). Net to 1 owner $315K per annum (approx.). Good lease including a further 5 years option. Established 1995. OWNER RELUCTANTLY SELLING FOR HEALTH REASONS.
ABOUT THE OPPORTUNITY
The business is essentially a specialty bread retailer. It operates on the usual simple, yet wholesome, menu, which includes: breads all made from the traditional scratch method of baking including a range of authentic sourdough; hot pies & sausage rolls; freshly made cupcakes, slices and scones; delicious baguettes and filled rolls, as well as savoury products, fresh coffee and icy cold drinks.
The shop is fitted out in the modern, latest Brumby's Bakery style. The business has established systems in place. The franchisor takes care of marketing, new product development, corporate image, etc.
LOCATION DETAILS
The premises are located in a prime high-profile position in a busy strip shopping street. The store is at ground level and possesses 180 degrees open air exposure to the footpath and street.
Some of the nearby businesses to the store include a newsagency, cafes & restaurants, health & beauty services and a supermarket.
THE BRAND
Brumby's Bakeries Limited is one of Australia's largest and most successful franchise groups. The history of the group dates back to 1975, when the first store opened in the Victorian suburb of Ashburton. The store was known as the "Old Style Bread Centre". Over the next decade "Old Style Bread Centre" was introduced and expanded in Queensland. To give the group a truly Australian identity, it was rebranded as Brumby's during the 1980s. During the early 1990s a franchise consortium was put together to buy Brumby's.
The Brumby's Bakeries group is a wholly owned subsidiary of Retail Food Group (Australia), which manages under license, the Donut King, bb's café, Brumby's Bakery Gloria Jeans Coffees & Michel's brands.
GREAT INVESTMENT OPPORTUNITY!!!
Asking $495,000 + SAV.
Phone: (0414) 286 555 or (07) 3117 5198
Website: www.businesses4you.com.au
