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Bakery - former Brumby's site! Well appointed! Nice area! Competitive advantages!

$260,000 + SAV

  • ID Ref RB318
  • Suburb Carindale
  • State QLD
  • Status For Sale
  • Bakery - former Brumby's site! Well appointed! Nice area! Competitive advantages!

Business Description

The independent bakery is stragically located in a desirable leafy suburb with reasonably high disposable income!

EXCELLENT LOCATION! The business is situated within a well frequented shopping precinct, with a very captive pedestrian flow. The tenants in the complex will ensure people are literally walking past your doorstep for many years to come.

Current business was established in late 2016 (Former Brumby's site)

Lease expires November 2021 + 5-year option

Permitted use is Hot Bread Kitchen / Bakery

Rent (excluding GST) is $3,755 per month + $845 per month outgoings

Business size is a manageable 80m2 + alfresco

Very well appointed fitout by passionate owners. New and quality reconditioned equipment needed to operate the business. Supplier provided coffee machine (5 kg per week approx.)

Vendor's Hours working in the business are Nil / minimal

Staffing includes - Full time Baker + 1 Full time assistant + 6 casuals (varies)

Trading Hours
Mon to Fri 5.00am - 5.30pm
Sat to Sun 5.00am - 4.00pm

Approximate Turnover (excluding GST) FY 2018 $688,000 - NO wholesale!

NO FRANCHISE FEES TO WORRY ABOUT!!!

Approx. Product Mix: 40% bread, 60% other products

Cost of goods approx. 28.5%

Range includes: Bread, Pies, Slices, Cakes, Coffee. Cold drinks

SAV approx. $5,000

Potential includes:
The cafe side of the business could be promoted e.g. breakfast and lunch offerings taking advantage of the alfresco seating arrangement - plenty of passing trade!
Introduction of catering, as it is suited to the area
Introduction of wholesale offering

Ideally suited to an owner /operator who could potentially realize $160,000 profit EBITDA

Financials available

For more information, please contact:
Reg Butler
0438 189 657

Business Features / Snapshot

Your Business Broker

Reg Butler

Business Location

Carindale, Queensland 4152