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Code

RB517

Business Type

Bakery

Area

Redland Bay

Business Established

20 years

Lease Remaining

Expires June 2022 + 3-year option

Rent (excluding GST)

$3,931 per month + $1,068 per month outgoings

Vendor's Hours

2 x full time

# of Staff

4 casuals

Trading Hours – Mon to Fri

Mon to Fri 5.30am - 5.00pm

Trading Hours – Sat to Sun

Saturday 5.30am - 3.00pm
Sunday   5.30am – 2.00pm

Approximate Turnover (excluding GST)

$9,000 – $11,000 per week

Minimal wholesale!

Reason for Selling

Relocating overseas

General Information

The independent bakery is located at 160 Broadwater Terrace in the Redlands Bay business precinct. (More info on Redland Bay below)

Idyllic location on a very busy road to the ferry terminals for the Bayside islands. Parkland and water views.

Current business was established approximately 20 years and is considered a local Redland Bay icon!

Business size is 110m2 + a very large, under awning, alfresco area

Permitted use – Bakery Café including snack bar, retail sale of ice cream, pork rolls, filled sandwiches, pies, sausage rolls, and hot and cold beverages

Well-appointed fit-out with an extremely large baking / preparation area.

Coffee machine is owned by the business (2 - 3 kg per week)

NO FRANCHISE FEES TO WORRY ABOUT!!!

Range includes: Bread, Award winning Pies, Slices, Cakes, Coffee. Cold drinks

Approx. Product Mix: 35% bread, 50% pies, 15% cakes and drinks

Cost of goods approx. 35%

SAV approx. $5,000

Potential includes:

The cafe side of the business could be promoted e.g. more breakfast and lunch offerings taking advantage of the alfresco seating arrangement - plenty of passing trade!

Introduction of catering – great facility to expand into this area

 

Introduction of wholesale offering

Ideally suited to an owner /operators who could potentially realize $150,000 + profit per annum EBITDA

Financials available

Redland Bay is some 35 km south-east of Brisbane with a population of 15,000 people.


The town has long been the port for vessels plying the bay islands. These islands include Russell Island, Macleay Island, Karragarra Island, Lamb Island and North Stradbroke Island, home to several thousand residents enjoying an idyllic, sub-tropical lifestyle.

Asking Price

$ 149,000 + SAV (est. $5,000)

 

 
For more information, please contact:
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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