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Posted by Statewide Business Brokers on 07/06/2019 in Business

Award-Winning Commercial Bakery For Sale

Expressions of Interest


Description

This profitable commercial bakery for sale is located in Geraldton and services a vast region of wholesale customers including schools, cafes, supermarkets, sporting clubs, takeaway outlets, and corporate customers.

The business services the retail market with dine-in cafe meals and takeaway options. The cafe comfortably seats 12 inside and 18 outside.

The business boasts consistently high gross margins & attractive cash flow and profitability.

The business has won and been a finalist for many awards, both industry and people's choice awards including the Winner of the 5 Star City of Geraldton Food Safety Award, the Best Geraldton Pie Award, the Mid West Chamber of Commerce & Industry Business Award and the People's Choice Pie Award Winner.

The business has over 3,400 followers on Facebook and has over 100 favourable reviews on TripAdvisor, Facebook, Zomato & Google.

The business has experienced, well-trained staff in place and the business has a fine reputation for friendly customer service.

The business is structured for a family to operate or an investor to run under management.

The business is being sold leasehold with an extensive plant list of commercial baking equipment and 2 delivery vans. Expressions of interest to Wayne Cooper.

For more information or to receive a full business profile please contact Wayne Cooper on 0407 997 777 or 08 9586 3509 or email cooperw@swbb.com.au

Business Snapshot

  • Commercial Bakery servicing both wholesale & retail markets.
  • Purpose built premises with large production & preparation areas, storage room, admin offices, staff room, caretakers accommodation and shop area with many metres of display cases.
  • Cafe seats 12 inside and 18 outside.
  • 5-year lease with 5-year option offered.
  • Rent approx 4.2% of FY18 revenue.
  • Premises area 630 mon land of 2,020m2.
  • Trades just 5½ days a week.
  • Experienced staff - some have been with the business 11-13 years.
  • Gross Margins of 66.6% for FY 18.
  • 2 x Mitsubishi delivery vans.
  • The owner is selling due to ill health.

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Hospitality Suppliers Statewide Business Brokers
Statewide Business Brokers
Contact Wayne Cooper
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price Expressions of Interest

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