Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Hobart
- State
- Tasmania
- Price
- $248,644
- Category
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Rare Opportunity To Own A Tasmanian Baking/Retail & Wholesale Business
$248,644
Hobart, Tasmania
Rare Opportunity To Own A Tasmanian Baking/Retail & Wholesale Business
Are you a passionate entrepreneur looking for a sweet investment opportunity? Don't miss your chance to acquire this highly successful and beloved Tasmanian business in the heart of Hobart.Established in 2007, this family-owned business has built an outstanding reputation for its decadent handmade creations and extensive range of cake decorating supplies. With two prime locations in Hobart and the charming village of Richmond, the business caters to both locals and visitors
Key Highlights:
Iconic Tasmanian brand with strong community following
Over 50 wholesale customer accounts across the state
Diverse revenue streams from retail, wholesale, and cake supply sales
Hobart's largest selection of cake decorating tools and accessories
State-of-the-art Koby Kate edible icing printer for custom designs
Tremendous growth potential for cooking classes, new product lines
Full commercial kitchen and retail space on site
Financials:
2023 Sales: $634,278
2023 Adjusted PEBITDA ( 1 working Owner ): $112,949
2024 Actual & Forecasted Sales: $750,500
2024 Forecasted Adjusted PEBITDA ( 1 Working Owner): $138,208
For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/2pS4XVHbbZTeWFK9A
Business Links / Tools
Last updated: 21st May 2024
Agency
Business Brokers Network
Contact
Dru Morgan
Business Brokers Network- 1300 5....
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