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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

Summary

Property Type
Business
Contract Type
For Sale
Location
 Hobart
State
 Tasmania
Price
$248,644
Category
  • Bakery
  • Retailer

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Agency

Business Brokers Network

Business Brokers Network

Contact

Dru Morgan