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Code

RB518

Business Type

Bakery

Area

Hamilton

Business Established

established in late 1980's

Lease Remaining

March 2021 + 5-year option

Rent (excluding GST)

$7,529 per month, including outgoings

Vendor's Hours

Part time

Trading Hours – Mon to Fri

6.00am – 5.30pm

Trading Hours – Sat to Sun

Saturday 6.00am - 4.00pm
Sunday 7.00am – 3.00pm

Approximate Turnover (excluding GST)

$10,500 per week

Minimal wholesale!

Reason for Selling

Other interests

General Information

This bakery is situated in an affluent suburb in the Inner North East area of Brisbane, located approximately 7 kilometres north-east of Brisbane's Central Business District.

The area is best known for its beautiful old homes, the picturesque Poinciana tree lined roads, and for the racecourses which hold popular annual racing carnivals.

EXCELLENT LOCATION! The business is situated within a well frequented shopping precinct, with a very captive traffic flow. The complex has a good mix of tenants.

Permitted use is Bakery incorporating the manufacture and retail sale of bread and other bakery and retail products including the sale of coffees, fruit juices and soft drinks

Business size is a manageable 78m2 + alfresco

Well appointed fit-out

NO FRANCHISE FEES TO WORRY ABOUT!!!

Approx. Product Mix: 20% bread, 25% sandwiches, 15% cakes, 15% drinks

Cost of goods approx. 30%

SAV approx. $5,000

Potential includes:
Introduction of catering, as it is very suited to the area
Introduction of wholesale offering

Ideally suited to an owner /operators who could potentially realize $240,000 profit EBITDA (prior to employing staff, based on unique individual circumstances)

Motivated seller due to family health matter

Asking Price

$ 245,000 + SAV (est. $5,000)

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