Successful Pie Business - Owner needs to move quickly - AO

Bakery Manufacturers Takeaway Food
BUNDABERG CENTRAL

Great lifestyle business with strong revenue and an established customer base. Price lowered to 120,000 for a quick sale, the owner needs to sell asap.

Revenue $771,308

Rent $4,252 incl GST per month for 2 retail properties

Adjusted net profit for working owner $104,736

5.5 days per week


Having been in the hands of the owners for the last 2 decades, this business is a diamond in the Bundaberg area and new owners will not let it go.
With goodwill and a strong customer base, this is among Bundaberg’s most cherished food brands.

The focus of providing Bundaberg with real pies cooked from scratch is a business model that has thrived in the local market and the loyal following will tell you!!

The business has stood proud for many years and in today’s current market is holding strong on a weekly gross turnover of approximately $16,000 with only 5 1/2 days trading per week.

Options for the new owners to take the brand where it needs to be. Expand locations, wholesale arm, increase offering or even franchise. Increasing trading hours to 7 days per week will immediately increase revenue.

This business is worth a look if you were after a well established business with straight forward values and a simple, profitable business model. New owners step right up and enjoy the Bundaberg lifestyle that’s on offer with this beauty.

Business Financials

Summary

  • Listing ID 9244
  • Status Sold
  • Location BUNDABERG CENTRAL
  • State Queensland
  • Price SOLD

Contact Broker

Joanne Akbal
Joanne Akbal

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