Price
$199,995 + SAV
Profit *
Refer to Broker
Sales Revenue
$1,740,262
Location
Far North Queensland, Cairns Region
Category
Food/Hospitality, Bakery
Listing #
SC00511
LINK Sunshine Coast has successfully sold this business on behalf of the vendors, but we have more coming! You may have missed this opportunity, but keep looking as we have plenty of other great businesses for sale at: linkbusiness.com.au/business-brokers/sunshine-coast/
This long established award winning bakery is often described as ‘North Queensland’s Most Famous’ thanks to over four decades in business, with a dedicated army of returning locals and regional visitors making a beeline to queue for as long as it takes and enjoy its top quality pies, breads, cakes, sandwiches, wraps, short order breakfasts, coffees, milkshakes and range of hot and cold tasty treats.
Always busy and often with queues stretching around the block the owners have created a wonderful community hub with almost legendary status for delicious fare and value for money along with good old fashioned family style service and a dedicated team of experienced staff, yet operating only five days per week, making this the ideal option for lifestyle seekers or anyone wishing to extend hours and operate six or seven days.
* Operating for over forty years this bakery is a much loved community hub and cornerstone local business
* Multi award winning ‘Best of The Best’ on popular travel and social media sites with reviews to match
* Established supplier to range of local businesses, from dough to pies, cakes and breads
* Two minutes to major highway on prime tourism trail with many attractions
* Selling for below equipment value due to family circumstances
* Numerous options to expand and take the business forward
* Experienced staff, manager in place option if required
* Freehold premises available or issue of new lease
* FY23 Sales (Est) $1,740,262 (ex-GST)
* Open 5 days per week only
Asking Price: $199,995 plus SAV
Stock Value: $25,000 (Maximum)
Business Broker: Martin Fisher
Our Reference: SC00511
Keywords: Queensland, bakery, hot food, cakes, pies, bread, sandwiches, coffee, retail, lifestyle
Ref: SC00511
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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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