- Price: $110,000 + SAV
- Categories: Food/Hospitality
This bakery is well known and established in the growing Redlands Bay.
It occupies a prominent, can't miss, location, situated on the main road, leading to the ferry departure zone to the neighboring populated islands.
Features of the business include:
This is not a franchise bakery - NO franchise and advertising fees to pay, sometimes amounting to around 12% of turnover!
Currently no 3rd party deliveries. Potential to introduce!
Trading hours currently
Mon Fri 5.30am - 3.00pm
Sat - Sun 5.30am - 2.00pm
Lease is until March 2027 + 5 year option
Rent is $5,004 per month + $1,250 per month outgoings
The fit-out is for a full bakery
Turnover is approximately $15,000 - $16,000 per week and can be trialled
Product mix estimate
Pies 50%
Cakes / sandwiches 10%
Breads 25%
Coffee 12% (Merlo 7kg per week)
Cold Drinks 3%
Staffing is currently 1 fulltime owner (baker), PT owner (sales) + 5 casuals (varies)
Price is non-negotiable