Freehold Bakery, Caf and 4 Bedroom Home with Lake Views

This opportunity offers incredible value for foodies who want to enhance their property portfolio and also may want a family home on the same block as the business (which is completely detached).

The business and property are located in Lake Macquarie 30 minutes south of Newcastle. The Foreshore Park and lake are directly across the road.

What is for sale? A wholesale/retail bakery with office, amenities and an adjoining but separate caf/kitchen with seating areas plus an amazing deck overlooking the lake. No expense has been spared with the fit out.

There are several options here and several income streams. If you want a business with property here it is. The home is a bonus that you can use to live in, rent out or Air B&B for income.

The business provides approximately $250,000 in adjusted net profit income to the owner plus rental income of $70,000 - $320,000 to himself for EOFY2023. The house is basically being used with no income.

KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:

    EOFY2023 Revenue over $1,940,000

    EOFY2023 Adjusted Net Profit after owners wage = $250,000 +

    Allowing the business to pay rent at $70,000 (as additional income)

    Included assets/valuation of $460,000

    Freehold property includes both businesses and a 4 bedroom home with parking

    Rent out the property as an air B & B and earn even more income.

If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents xxxxx or call the managing business broker Shane Fox on xxxxx.