Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Bakery In Coolangatta For Sale

Coolangatta, Queensland, Australia
Asking Price:
$25,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

On Marine Parade, in the centre of Coolangatta, this dry bakery cafe was established in 2014. It is located within a premium shopping and apartment complex, opposite a major supermarket, with constant foot traffic. The business has also built up a strong following of residents from apartments above and workers from businesses in the centre. It is open 7 days a week.

With its excellent customer service, the business is a popular coffee spot and uses 24–30 kg of coffee per week. The business also sells a range of quality bakery products supplied fresh every day from a local bakery. Breads include traditional lines plus authentic sourdoughs. Basic bakery-café lines are prepared on-site.

There is seating for 38. Weekly gross sales range from $11,500 to $13,500.

The business is currently under management. Besides the full-time manager, it employs 3+ full-time equivalent casual employees. There is practically no social media presence, and the business is considered to have potential for a good operator. A new lease would be available to the right buyer.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends August 2025.

Leasehold Rent:

85176 +GST+Outgoings per annum

Location:

80 Marine Parade, Coolangatta

Premises Details:

Level 1, the Strand Shopping Centre

Business Operation

Expansion Potential:

1. More online marketing,
2. Expanding and varying product options, incl light lunches
3. Promoting Upselling

Reasons for selling:

Retirement. Owner is 70+ years old.

Trading hours:

M-F 6.30am-3.30pm, Sat/Sun 6.30 am-2.15pm

Employees:
1 FT, 3+Full Time Equiv casuals
Years established:
10 years

Other Information

Support & training:

Training Period in business

Furniture / Fixtures value:
$20,000 (AUD) - included in the asking price
Inventory / Stock value:
$1,500 (AUD)
Related Documents: