back to search

Bakery - former Brumby's site! Well appointed! Nice area! Competitive advantages!

$260,000 + SAV

Carindale, Queensland

Bakery - former Brumby's site! Well appointed! Nice area! Competitive advantages!

The independent bakery is stragically located in a desirable leafy suburb with reasonably high disposable income!

EXCELLENT LOCATION! The business is situated within a well frequented shopping precinct, with a very captive pedestrian flow. The tenants in the complex will ensure people are literally walking past your doorstep for many years to come.

Current business was established in late 2016 (Former Brumby's site)

Lease expires November 2021 + 5-year option

Permitted use is Hot Bread Kitchen / Bakery

Rent (excluding GST) is $3,755 per month + $845 per month outgoings

Business size is a manageable 80m2 + alfresco

Very well appointed fitout by passionate owners. New and quality reconditioned equipment needed to operate the business. Supplier provided coffee machine (5 kg per week approx.)

Vendor's Hours working in the business are Nil / minimal

Staffing includes - Full time Baker + 1 Full time assistant + 6 casuals (varies)

Trading Hours
Mon to Fri 5.00am - 5.30pm
Sat to Sun 5.00am - 4.00pm

Approximate Turnover (excluding GST) FY 2018 $688,000 - NO wholesale!

NO FRANCHISE FEES TO WORRY ABOUT!!!

Approx. Product Mix: 40% bread, 60% other products

Cost of goods approx. 28.5%

Range includes: Bread, Pies, Slices, Cakes, Coffee. Cold drinks

SAV approx. $5,000

Potential includes:
The cafe side of the business could be promoted e.g. breakfast and lunch offerings taking advantage of the alfresco seating arrangement - plenty of passing trade!
Introduction of catering, as it is suited to the area
Introduction of wholesale offering

Ideally suited to an owner /operator who could potentially realize $160,000 profit EBITDA

Financials available

For more information, please contact:
Reg Butler
0438 189 657

Business Links / Tools

Last updated: 9th June 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Carindale
State
 Queensland
Price
$260,000 + SAV
Category
  • Bakery
  • Cafe/Coffee Shop
  • Takeaway Food

Click to share

Agency

Business Brokers Network

Business Brokers Network

Contact

Reg Butler