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Bakery For Sale in Mid North Coast North Coast NSW

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Magnificent Bakery For Sale- Gladstone Mid North Coast Nsw

Location:Mid North Coast, North Coast, New South Wales

Category:Bakery

Asking Price:$185,000 WIWO

185000

  • Sales revenue : $540k per annum
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Magnificent Bakery For Sale-  Gladstone Mid North Coast Nsw
  • Magnificent Bakery For Sale-  Gladstone Mid North Coast Nsw

Business description

Highly profitable bakery offering fantastic returns.

Genuine reason for sale as owners want to retire, sales up by 30% through Covid-19.

Suit husband and wife or young couple looking for a great opportunity along with a lifestyle change.

* Classified essential business and pandemic

resistant

* Est 7+ years

* No competition within local region

* Offers a wide range of bakery, coffee and

cafe products

* Massive opportunity for expansion

* T/O $14,000 p/w

Other Information

  • Selling Assets: $134,000 plant and equipment included in asking price.
  • Franchise: N/A
  • Real Estate: New Solar panel recently installed by landlord, with great reduced electricity costs.
  • Expansion: Growth in the wholesale side of this business, opportunity to expand and add new sit down menu
  • Years Established: 2014
  • Employees: 8
  • Support Training: Yes owners happy to offer extension handover if required.
  • Reason For Selling: genuine reason for selling as owners are at retirement age and business has increased 20% YTD
  • Lease Terms: Solid lease in place with very competitive weekly rent, very supportive landlord
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