Gold Coast Bakery
- ID Ref MorgansBHB
- Suburb Burleigh Heads
- State QLD
- Status For Sale
Business DescriptionBig Price reduction to $349,000 + stock! It’s very hard to find quality like this.
This Powerful Business ticks all the boxes, approximate Netting $200,000.00 plus.
The first quarter of the 2019 / 2020 financial year is showing yet another increase in sales.
For those of you that are just looking at getting a business for the first time let me explain why this is a great investment.
This is the most profitable Bakery I have seen in 20 years.
To understand what makes it special and why it could be a life changing investment
for you and your family.
1. The husband does 17.5 hours The wife does 27 hours per week both have finished work for the lunch date by 12.00 noon 5 days per week, the business system can operate without a baker.
2. Position, great traffic flow and right next to a huge commercial precinct fuelled by a service station and the only bakery in the area.
3. Very long lease to September 2021 + 2 x 3 year options and rent at $2,263.75 including outgoing and GST per month, 40m2 + 70m2 outdoor seating area.
Turnover to Rent percentage 3.8 % this is very impressive, I doubt you could find this anywhere on the Gold Coast.
4. Trades 5.5 days per week Gross margin on the product a huge 60%.
5. All retail trade over the counter no accounts all suppliers paid C.O.D.
6. Closed for Eater Closed for Christmas and owners take at least 3 weeks holidays away each year.
This is a very good buy, huge family benefits in food, positive cash flow, plenty of time off and very low overheads.
Call or email me today for full details.
Confidentiality Agreement : https://forms.gle/hasXpB4bnYbJHrpHA