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Refer to Broker
Located in one of the Gold Coasts top retail precincts, this Brumby’s Bakery is exposed to millions of potential customers annually. The centre recorded sales increases of 8% in 2015 and there is currently $20m worth of redevelopment underway which will expand the centre further adding more car parking and facilities.
The bakery itself is located close to a major grocery store and ample car parking, both of which supply a regular stream of passing trade. The layout is compact but efficient allowing for lean staffing and economical rent. Unique to this bakery are the civilised opening times of 8am and significant electricity savings made possible by the pooled electricity scheme run by the Centre Manager landlord.
The Commonwealth Games are nearly here which means more customers, better local infrastructure and the ongoing legacy of international exposure for the Gold Coast. It’s a good time to secure a foothold in one of the Gold Coasts fastest growing retail precincts supported by a reliable business income and one of Australia’s best known food franchise operators.
Asking Price: $140,000
For full details contact Troy Potter
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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