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Attention Business Migrants To Australia Iconic Bakery For Sale

Bribie Island, Queensland
Asking Price:
$560,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$740,000 (AUD)
Cash Flow:
Available on request

Live and work in Paradise, beautiful Queensland, Australia.
The iconic Big Bun Bakery on Bribie Island
The Big Bun Bakery is a well known and established icon of beautiful Bribie Island.
It has been in the same hands for almost 24 years as a leasehold business, but now it's time to retire.
It has approx 160 sq metres consisting of two shops made into one great production, service and sit down cafe that seats 24 inside and 16 outside.
This business consists of two main areas, bakery and takeaway/coffee shop and patisserie. A vibrant trade in cooked breakfast is a particular favourite at the weekends.
The bakery is a favourite of tradespeople and office workers on the Island, which is a good sign of the great food.
The salad bar provides great rolls and sandwiches for the health-conscious.

Documented turnover is in excess of 700K per year with no wholesale, just cash over-the-counter.

The Big Bun Bakery is compliant to Australian Government Business Immigration requirements and is an ideal opportunity to enter Australia on a business visa for eligible applicants.

The current owners enjoy a semi retired lifstyle and have developed a great production and sevice team.
Whilst bakery / food experience would be an advantage,but not a necessity, management skills are of a greater importance as all staff are capable and willing.

Current business premises rent is less than $3000 per month + minor outgoings.
long lease currently applies.

There is ample opportunity for further expansion and/or evening service should the new owners wish to extend into a restaurant type facility. Current owners employ staff to allow them the lifestyle they now enjoy, or would suit the family with plenty of hours to go all around

Offers from AUD $560.000

A 10% non-refundable deposit will secure all this for three months.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Leasehold Rent:

$36,000 (AUD) per annum

Location:

Main Street of sub tropical island of Queensland connected to mainland by bridge. 55 minutes drive north from Brisbane airport.

Premises Details:

Approx.160 sq. m. Single storey double fronted.

Planning Consent:

N/a

Business Operation

Expansion Potential:

Unlimited. Can expand into evening trade for suitable restaurant.currently closes at 5pm mon to fri, 2pm sat and sun. Availability for wholesale supply as none currently done.production facilities adequate for sandwich vans,pie vans,and market stalls.

Competition / Market:

No comparable competition in street

Reasons for selling:

Current owners wish to retire

Trading hours:

Mon to Friday 5am to 5 pm
Sat and sun. 5 am to 2 pm

Employees:
4 full time seniors. 4 part time Jnrs, 2 semi retired owners
Years established:
40years +

Other Information

Support & training:

Current owners willing to train for 2 weeks. Any further time required to be at purchasers cost. Current staff are capable of providing training and assistance.

Furniture / Fixtures value:
$200,000 (AUD) - included in the asking price
Website:
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Related Documents:

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