Price
$975,000
Profit *
Refer to Broker
Sales Revenue
$2,195,317
Location
Northern Victoria, Kerang
Category
Food/Hospitality, Bakery
Listing #
ME03146
One of the largest North Central Victoria’s bakeries is on the market. This is a highly profitable business that’s been operating since 1962. This is low risk investment due to its long standing in the community and large wholesale to several supermarkets and cafes in the region, the wholesale is 60% of revenue. A spacious custom made facility gives efficiencies with a large side door entrance for vehicle loading.
Escape the city; and invest in country Victoria, where the people are friendly and the air is fresh.
*$ 2.1 Million in revenue for the past 3 years
*High profit margin
*Plant & Equipment valued at $771,200
*60% of revenue is wholesale deliveries
*Freehold and adjacent residence options to purchase.
*Been the regions favourite since 1962
* Multiple opportunities for expansion
Grant Findlay and the team at LINK Melbourne are thrilled to present a beloved bakery to the market. The business has been operating for more than 60 years and has become well-known for its variety of offerings, including pies, sausage rolls, doughnuts and eclairs, among others. It operates seven days a week and is supported by a team of 18 staff members composed of 6 full-time and 12 casual employees.
The business can accommodate 75 indoor and 85 outdoor seats, making it an ideal location to host large groups and events. The modern and spacious fit-out includes a walk-in cool room, freezer, kids’ playground and was recently fitted with solar panels. It has 4 delivery vans that deliver to the region daily.
Contact Grant today and start your own successful business!
Listing ID: ME03146
Broker: Grant Findlay
Phone: 0402 617 884
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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