Summary

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• For Sale
  Status
• Brisbane
  Location
• Queensland
  State
• $160,000
  Price
Bakery Food/Beverage Takeaway Food

Features

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Description

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This bakery is prominently situated within a well frequented north-side shopping centre, located approximately 6 kilometres north of Brisbane's Central Business District.

Positioned outside a major supermarket, with a very captive traffic flow. The complex has a good mix of tenants.

Current business was established about 1985, proving its viability!

Lease expires 28/02/2023. Possible to renew.

Permitted use per lease is "The manufacture and retail sale of breads, rolls, pies, buns, cakes, pastries and the retail sale of coffee, soft drinks, milk drinks (in single serve packs only), together with the retail sale of products usually associated with hot bread kitchens"

Rent (excluding GST) is $7,083 + $693 Outgoings + $353 Promotions levy per month

Business size is a manageable 70m2 + alfresco

Well appointed fitout

Staffing includes - PT owners + 3 casuals

Vendor's work hours in the business are part time

Trading Hours
Mon to Fri 8.30am – 6.00pm
Saturday 8.30am - 5.00pm
Sunday 9.00am – 4.00pm

Approximate Turnover in $9,500 per week with Minimal wholesale! (Recently $10,500)

NO FRANCHISE FEES TO WORRY ABOUT!!!

Approx. Product Mix: 15% bread, 9% sandwiches, 40% pies, 30% cakes and 6% drinks

Cost of goods approx. 30%

SAV approx. $5,000

Potential includes:
Introduction of catering
Introduction of wholesale offering
Introduction of coffee offering

Ideally suited to an owner /operators who could potentially realize $175,000 profit EBITDA (prior to employing staff, based on unique individual circumstances)

Motivated seller due to family health matter

For more information, please contact:

Reg Butler
0438 189 657