Hot

Vendor drops $290k on the Asking Price today. This will sell this week .

This very well established Bakery has Earned Iconic Status being an Integral part of the Cairns food scene for over 36 Years

Reputation like this one are forged over many years of Consistency, Quality and Value and of course great service to the local Community

Ideally Positioned on a major Arterial road , close to the heart of the city and on a well exposed highly visible corner position, this brand has all the hall marks of perhaps outliving some of us .

Comprising of a Valuable Genesis Bakery System, wages are reduced by some 40% making this  a very attractive opportunity

 

Points for Consideration:

 

  • Established in 1988…Reputation Plus
  • Well Respected, Well Established, Well Staffed.
  • Attractive Balance of Retail vs Wholesale
  • Up to 60 Doz Pies Daily
  • Outperformed Covid Conditions
  • Central City Corner Position on Main Arterial Road
  • State of the Art Genesis Bakery Systemreduces wages by some 40%
  • $2.5 Million Plus T/O
  • Working Owner on $97,000 Salary,Plus $658,000 Adjusted Nett Profit
  • Rent presented at extremely attractive 1.8% Of Turnover
  • Return on Investment 44%
  • Still Scope for Growth
  • Priced accordingly as Vendors retirement beckons

 

Proudly Presented at $1,200,000.00 WIWO

 

The vendor stands by his business as one of the “Best Bakeries” on the Eastern Seaboard…So much so that a trial is offered to Highly Qualified Buyers under certain conditions.

Opportunities like this are Rare and the Financials suggest it wont last long…If you’re looking to escape Melbourne, Brisbane or Sydney, then accept our offer to “Go and get Tropical” … this could be the right opportunity for you .

 

Wolfgang Groh

National Mobile Hospitality and Ice Cream Specialist

Benchmark Business Sales and Valuations

M: 0413 118 718

T:   1300 366 521

E: wolfgang@benchmarkbusiness.com.au

 

Please ensure you have the necessary capital or equity before expressing an interest in this business.

The images shown are for illustration purposes only and may not be an exact representation of the business.


Submit Confidentiality
Agreement

     Status
Hot

     ROI
%

     Annual Revenue
n/a

     Listing Price
$1,200,000 WIWO

     Location
CAIRNS QLD

     Industry
Bakery

     Earning Type
n/a

     Years Trading
n/a

     Stock Level
n/a

     Reference Number
bus4296





Wolfgang Groh

Business Broker

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