$300K+ to working owner - Some Vendor Finance Available
Business ID: XB157388
Established by the current owners 17 years ago this business has been shaped into a very profitable enterprise.
A change in personal circumstances has necessitated the very quick sale of this profitable and streamlined business. Potential buyers need to be in a position to commit to a purchase prior to end of January 2025. All Information is available for review to assist with decision making.
The asking price is now LOWER than the value of assets included ($390K)
The business is fully staffed with a licensed baker in the factory, supported by part-time by the owner (pastry chef) and 2 kitchen hands. There are 17 casual staff for other aspects of the factory, delivery and retail stores.
While it can be beneficial for the owner to be a baker/pastry chef it is NOT essential.
The business operates with custom software designed by the vendor that massively simplifies the knowledge needed to operate the business. This software will be licensed to the buyer of the business.
- Fully fitted factory, 316 sqm with 38Kw solar system & 100A power
- No Night Shift
- 32sqm walk-in cool room
- 30 sqm walk-in freezer
- 135+ wholesale customers
- Licensed clubs, cafes, restaurants, sporting clubs, nursing homes
- Factory outlet plus 4 retail outlets (single-person sites)
- Factory available to purchase (+$1.35m)
- 76.1% GP
The vendors will provide up to a 4-week handover included in the sale of the business.
This business has been grown from scratch and has produced annual revenues of $4m+. A decision was made 12 months ago to simplify the business through the implementation of brilliant software and the removal of 'marginal customers' and unprofitable stores.
The result is a low-stress business that is extremely simple to operate.
This is a turnkey operation for a buyer who may choose to work in the business or not. Due to the personal circumstances only a short handover will be available but the structure of this can be discussed with a buyer to provide as much support as possible. Staff are conversant with all aspects of the business apart from the administration.
Asking Price: The Goodwill and Assets of the business are for sale for $350K ONO plus SAV (approx. $30K).
Property Code: 4055
