LINK Business Brokers Australia

About this Business for sale in Wollongong & Illawarra

A retail bakery business that features its own central kitchen facility located in a fast-growing, affluent demographic in the south coast beach area less than two hours from Sydney.

Key features of this business:

  • Leading bakery store in its local area with high turnover
  • Large site with central bakery kitchen facility, opportunity to develop a wholesale business
  • Great location with high foot traffic and convenient parking
  • 6 days trading, 7am -3 pm on weekdays, 6:30am – 3:30 pm on weekends
  • Weekly rent of $1,150 plus GST for both retail and kitchen areas
  • $1.3 million in FY 2021 and approx. $280,000 net profit to owner
  • Long lease term: Until Nov 2023 plus 5-year option
  • Freehold option available by request

This will be a great opportunity for 188 Visa applicants who are looking for a NSW Regional business, plus freehold available for sale by request.

Listing ID: NSW10151

Broker: Sabrina Xia
Phone: + 61 2 9899 1999 / 0434 462 388
Email: sabrina.xia@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at https://linkbusiness.com.au/businesses-for-sale/ca/NSW10151

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: bakery, food wholesale, cafe, central kitchen facility, premium location, South Coast Bakery, #188 Visa

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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.

Listing: #NSW10151
Profit*: $280,000
Sales Revenue: $1,300,000
Illawarra and South Coast, Wollongong & Illawarra
Food/Hospitality, Bakery
*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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