• Ideally located in Yarrawonga’s busy shopping precinct
• Very significant revenue and profit growth
• Latest trading figures show further upside likely
• Nearly 50 years of operation
Yarrawonga is a renowned holiday destination attracting tourists from all over Australia. The Crusty Loaf Bakery has serviced the locals along with massive tourist trade for over 45 years with many repeat customers from not only the locals and residents from surrounding towns but frequent visitors to the town as well.
The Crusty Loaf Bakery offers a comprehensive range of freshly baked bread and roll varieties including regular loaves, sweet, savoury, gourmet, and speciality breads. Dine-in and takeaway meals and treats are available including a range of popular breakfast and brunch options, a large variety of hot and cold lunch items along with a delicious assortment of sweet cakes, slices, and pastries plus an excellent range of coffee, tea, and cold beverages.
In addition to retail sales, The Crusty Loaf Bakery also provides wholesale goods to various cafes, restaurants, clubs, hotels, and stores in the area providing an additional source of income for the business.
Yarrawonga has been identified as a future key regional centre for the wider area of Northern Victoria due to its relatively high growth rate and developing role as a regional centre for homes, jobs, and services. As a result, population is expected to increase and in turn, many local businesses in the area stand to benefit.
This is a great opportunity to obtain a well-established business with very strong revenue and profit growth in an excellent location. The business would be well suited to a couple or family with an interest in hospitality.