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Bakery Brilliant Gourmet Range In Central Coast For Sale

Central Coast, New South Wales, Australia
Asking Price:
$520,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
Available on request

Bakery/Gourmet Pies Turnover $1m plus

Renowned for being the leading go to “Gourmet Pie Shop” on the Central Coast with annual sales in the region of $1m plus per annum with a brilliant range of pies, sausage rolls, cakes and profiteroles.

No wholesale retail only plus drinks, coffee & tea.

Located in beachside suburb with consistent year round trade.

Well equipped bakehouse and front house with hot & cold displays.

A successful purchaser may expand operation to other locations and grow business or retain current location being a very successful position with huge exposure.

Good lease with reasonable rent $65,000 per annum + GST + outgoings.

New lease available.

Vendor willing to offer extended handover period to train & assist Purchaser with smooth transition subject to negotiation.

First time offered for sale in 10 years. Owner retiring.

Please contact exclusive agent John Ramsay

Price: $520,000 + SAV SAV: Approx $12,000

Region: Beachside Suburb

Turnover: Approx $1m plus per annum

Plant Value: Approx $150k plus

Established: 10 years owner operated

Permanent Staff: Owner 2 Pastry Chefs

Casual Staff: casuals as required

7 Days: 7am to 4pm

Lettable Area: Approx 120m2 plus Alfresco

Lease Terms: New Lease Available

Rent: $5,416.67 p.c.m. + GST + Outgoings

Outgoings: $375 p.c.m.

Parking Comments: Near council carpark

If you want more information you must fill out a confidentiality form. Find the business on our website and download confidentiality agreement

Property Information

Real Estate:

Lease

Lease Terms:

New lease available

Leasehold Rent:

$65,000 (AUD) per annum

Location:

Beachside Location Central Coast

Premises Details:

Approx 120m2 plus Alfresco

Business Operation

Expansion Potential:

A successful purchaser may expand operation to other locations and grow business or retain current location being a very successful position with huge exposure.

Reasons for selling:

Owner retiring

Trading hours:

7 days 7am to 4pm

Employees:
Owner, 2 pastry chefs & casuals as required for front house.
Years established:
10 years owner operated

Other Information

Support & training:

Vendor willing to offer extended handover period to train & assist Purchaser with smooth transition subject to negotiation.

Furniture / Fixtures value:
$150,000 (AUD) - included in the asking price
Inventory / Stock value:
$12,000 (AUD)