Under Offer 19/12/2017
Highly Profitable Ravenshoe Highland Bakery *** UNDER CONTRACT***
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(no street name provided), Cairns QLD 4870

*** Under Contract ***

BusinessSize: n/a
Ravenshoe Highland Bakery is a locally owned and operated bakery in the heart of Ravenshoe in Far North Queensland. There are no competitors for Ravenshoe Highland Bakery. They are the only business of its kind in the area.

Key Highlights:

Turnover in excess of $38,000 per week

Owners taking in excess of $8,000 per week

The freehold (shop and 4 bedroom house) and adjoining block for expansion.

Key Features:

Well established business (retail and wholesale)

Only store of its kind in the town and an extensive district

Great family run business - perfect for owner operator

Great store visibility

Easy access

Opportunity to purchase the freehold with the business

Plans already in place for future expansion of the bakery

Options to expand catering services further

Opportunity for additional exposure and sales through local area marketing and incentive schemes/loyalty programs

The store is situated next to a large free “grey nomad” camp site which is at full occupancy for 3-6 months of the year

Asking Price: $750,000 + Stock (Approx $20,000) + Property $610,000 The freehold (shop and House) is valued by a NAB appointed valuer at $490,000 with the option of purchasing the adjoining block of land at $120,000 for expansion with plans.

For full details on this business contact:

Pruthesh - 07 40336944

pruthesh.patel@finnbusinesssales.com.au

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Key details

Property type:
Business

Other Details

The Finn Group

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Cairns suburb information

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SummaryMedian sales
Average Age
51 years
Population
850
Listing ID: 174724295. This listing has been viewed 30 times. It was first displayed on 15/12/2017 and last updated on 19/12/2017.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.