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Bakery Huge Profits $530k Adj Nett on $2.1m T/O For Sale
Huge Profits $530k Adj Nett on $2.1m T/O
Bakery/Cafe/Takeaway selling gourmet pies, cakes, bread, burgers, chips, coffee, drinks etc.
Highly exposed in premium position located in high growth area surrounded by commercial/industrial and residential.
Lake Macquarie area. Established 10 years.
Operated from approx. 165m2 facility with well trained loyal staff, efficient systems. POS systems in place.
Well organised bakery/kitchen and independent cooking facility for large takeaway trade.
Appealing hot and cold display front house including seating in & out alfresco for approx. 20.
High volume of "Grab & Go" takeaway & selection of pies, pastries and sweet delights in addition to solid sandwich trade, coffee, drinks, burgers and chips etc.
Sales in the region of $2.1m plus turnover with adjusted nett to Vendor $530k plus.
Brilliant rent below 3% of sales $5,000 pcm + GST + Outgoings (approx. $583 pcm). Long lease available.
First time offered for sale by Exclusive Agent
Price: $950,000 plus SAV Approx. $15,000
Business Reference #: 593
Region: Lake Macquarie Area
Turnover: Approx. $2.1m plus
Adjusted Net: Approx. $530k Adjusted Nett
Plant Value: Approx. $120,000
Years Established: 10 years
Permanent Staff: 1 manager, 6 bakers/pastry chefs Casual Staff: 1 Baker, 1 Delivery Driver & 8 casual front house
Hours Weekday: 5am to 5pm Hours Weekend: 5am to 3pm
Lettable Area: Approx. 165m2
Lease Terms: Long Lease Available
Rent per Calendar Month: $5,000 + GST + Outgoings
Outgoings: $583 p.c.m.
Parking Comments: Plenty of customer parking
IF YOU WANT MORE INFORMATION YOU MUST FILL OUT A CONFIDENTIALITY FORM. FIND THE BUSINESS ON OUR WEBSITE AT WWW.CCBB.COM.AU AND DOWNLOAD CONFIDENTIALITY AGREEMENT
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
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