Price
$159,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Brisbane Region
Category
Food/Hospitality, Bakery
Listing #
GC00898
Net Profit: $234,793
This business provides an excellent opportunity for someone interested in owning an established bakery and coffee shop. Situated in a prime location with high foot traffic from retail, schools, and local businesses, this extremely popular bakery has a solid customer base providing a great foundation for growth.
With a favourable lease of 1-year + 3 + 3 years, and extremely low rent of only $24,500 per annum plus GST, this bakery has experienced solid growth year on year and is currently making consistent sales of around $14,000 per week. A new owner could increase sales by trading 7-days per week.
The bakery has a brand new shop fit-out with high-value plant and equipment, which alone is worth more than $100k. The owner is planning to move overseas, and therefore the business must be sold, presenting a fantastic opportunity for a new owner.
The current owner will provide complete training and assistance to a new owner. Don’t miss this attractive opportunity that is definitely worth inspecting today!!
Ref: GC00898
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.
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