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Listing Id: 34455 Last Refreshed: 01/12/2024 Total Views: 4 Broker Ref: 23223

CONTRACT COLLAPSED! Bakery! Redland Bay, Brisbane! Motivated Seller! $16k per week turnover!

Brisbane, QueenslandTake Aways
Asking Price: $110,000
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Reg Butler Business Brokers Network Australia

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  • Overview
  • Reason For Sale
  • Description
  • Premium Buyer

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

This bakery is well known and established in the growing Redlands Bay.

It occupies a prominent, can't miss, location, situated on the main road, leading to the ferry departure zone to the neighboring populated islands.

Features of the business include:

This is not a franchise bakery - NO franchise and advertising fees to pay, sometimes amounting to around 12% of turnover!

Currently no 3rd party deliveries. Potential to introduce!

Trading hours currently
Mon Fri 5.30am - 3.00pm
Sat - Sun 5.30am - 2.00pm

Lease is until March 2027 + 5 year option

Rent is $5,004 per month + $1,250 per month outgoings

The fit-out is for a full bakery

Turnover is approximately $15,000 - $16,000 per week and can be trialled

Product mix estimate
Pies 50%
Cakes / sandwiches 10%
Breads 25%
Coffee 12% (Merlo 7kg per week)
Cold Drinks 3%

Staffing is currently 1 fulltime owner (baker), PT owner (sales) + 5 casuals (varies)

Price is non-negotiable

For more information, please contact:

Reg Butler
0438 189 657

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