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Bakery Huge Profits $530k Adj Nett $2.1m T/O For Sale

Lake Macquarie, New South Wales, Australia
Asking Price:
$950,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$2,100,000 (AUD)
Cash Flow:
Available on request

Huge Profits $530k Adj Nett on $2.1m T/O

Bakery/Cafe/Takeaway selling gourmet pies, cakes, bread, burgers, chips, coffee, drinks etc.

Highly exposed in premium position located in high growth area surrounded by commercial/industrial and residential.

Lake Macquarie area. Established 10 years.

Operated from approx. 165m2 facility with well trained loyal staff, efficient systems. POS systems in place.

Well organised bakery/kitchen and independent cooking facility for large takeaway trade.

Appealing hot and cold display front house including seating in & out alfresco for approx. 20.

High volume of "Grab & Go" takeaway & selection of pies, pastries and sweet delights in addition to solid sandwich trade, coffee, drinks, burgers and chips etc.

Sales in the region of $2.1m plus turnover with adjusted nett to Vendor $530k plus.

Brilliant rent below 3% of sales $5,000 pcm + GST + Outgoings (approx. $583 pcm). Long lease available.

First time offered for sale by Exclusive Agent

Price: $950,000 plus SAV Approx. $15,000

Business Reference #: 593

Region: Lake Macquarie Area

Turnover: Approx. $2.1m plus

Adjusted Net: Approx. $530k Adjusted Nett

Plant Value: Approx. $120,000

Years Established: 10 years

Permanent Staff: 1 manager, 6 bakers/pastry chefs Casual Staff: 1 Baker, 1 Delivery Driver & 8 casual front house

Hours Weekday: 5am to 5pm Hours Weekend: 5am to 3pm

Lettable Area: Approx. 165m2

Lease Terms: Long Lease Available

Rent per Calendar Month: $5,000 + GST + Outgoings

Outgoings: $583 p.c.m.

Parking Comments: Plenty of customer parking

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

New long lease available

Leasehold Rent:

$60,000 (AUD) per annum

Location:

Lake Macquarie Area

Premises Details:

165m2 shop

Business Operation

Trading hours:

Monday to Friday 5am to 5pm Saturday & Sunday 5am to 3pm

Employees:
1 manager, 6 bakers/pastry chefs Casual Staff: 1 Baker, 1 Delivery Driver & 8 casual front house
Years established:
10 years

Other Information

Furniture / Fixtures value:
$120,000 (AUD) - included in the asking price
Inventory / Stock value:
$15,000 (AUD)

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