Landmark Wholesale Bakery and Cafe in Canberra' South (Est over 15 years)
(no street name provided),CanberraACT2601
$350,000 plus Stock
Business ID: BS9277
Wholesale Bakery PLUS Coffee Shop / Cafe. Projected Owners Earnings: $150,000. Over 100 Active Wholesale Clients with deliveries across Canberra.
This Landmark Bakery is in the South Side of Canberra.
- The business has a strong Wholesale client base and delivers to 100 plus customers daily.(55% of Sales) - The Cafe offers an easy menu, good coffee and range of fresh bakes daily(45% of Sales)
The Bakery has been operating for over 15 years and is a well known and highly visible business.
• Business Turns Over between $1.3 Mill and $ 1.5 Mill a year • 2018 Projected Profit $150,000 • 2017 Profit after add Backs $ 130,000 • 2016 Profit after add Backs $ 140,000 • The business will sell as a going concern including reassignment of lease or otherwise as can be negotiated with Landlord • The Business has been running for over 15 years and a well know supplier of baked goods and coffee in Greenway • The Business has over 120 wholesale clients on books with 100 placing regular orders for daily delivery • All Assets and Equipment included in the sale. (Replacement value is estimated between $150,000 and $200,000) • All staff in place and experienced in their role • The business is mostly self-managed at this stage however would require a new owner to grow and prosper well into the future. • Full handover is offered by owner to ensure Staff and Clients are well settled.
This business is ready for a new owner to come in and expand on its current foundation. Spare capacity will give this bakery plenty of room for sales growth. Also, if you have a flair for the coffee and cafe trade, your stamp on this business can only make sales go one way.
Asking Price: Price is set at $350,000 plus stock
No open times scheduled. Contact Agent to arrange a viewing.