Two Site Bakery | Huge Profits | Sales in Excess of $1.9m

(no street name provided), Maryborough VIC 3465

$700,000 Plus SAV

BusinessSize: n/a
First time to market is this two-site bakery and production business which has been serving the local community for the past 30 years situated within the Central Goldfields area of Victoria.

This is an incredible opportunity to buy into a business which has evolved with the changing needs and wants of the community successfully continuing to increase sales and profits.

The business is located over two sites:

Site 1:
Approximately 5000 sq metres in size and includes all production facilities, a retail sales area, indoor dining for 40 customers plus an outside undercover area for 16 with space to extend.

Located within a high traffic shopping precinct surrounded by other major retailers including Safeway, Coles, Mitre 10 and Aldi there is no shortage of passing trade with plenty of on street parking available.

Opening hours are 6-30 am to 4-00 pm Monday to Sunday, with a 5 x 5 x 5-year lease currently in place.

Site 2:
Approximately 2500 sq meters in size and includes retail sales area and indoor seating for 40 customers plus and outdoor seating area for 16.

Located along the main street, this is a high foot traffic area.
Currently trading 6 ½ days per week there is a 5 x 5-year lease currently in place.

The business is supported by a mixture of full time, part time and casual staff members.

Approximately 95% of turnover of the business is through retail sales with the remaining 5% from wholesale customers which both protects the overall margins of the business and allows plenty of room to grow this side a new owner wish to.

Having diligently built up the trade since establishing the business 30 years ago the owner is now planning to retire.

This creates a fantastic opportunity to purchase this highly profitable well-run business where excellent operating procedures are already in place allowing the new owner to transition smoothly with the support and help of a highly organised team.

Both towns offer a very affordable lifestyle with bustling and growing populations. This creates the perfect opportunity to for relocation from busy mainstream cities.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
Site 1: 5 x 5 x 5
Site 2: 5 x 5

Premises Details
Site 1: approximately 5000sq. ft.
Site 2: approximately 2500 sq. ft

Staff Details
1 x fulltime baker/ pastrycook
1 x 2nd year apprentice
1 x part time retail manager
1 x casual retail manager
1 x casual pastry chef
1 x casual baking assistant
1 x casual kitchen hand
12 x casual retail assistants.

Opening Hours
Site 1: 6.30am to 4.00pm Monday to Sunday
Site 2: 5 ½ days

Inspections

No open inspections scheduled.

Send an enquiry

Contact Paul Leach to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business

Other Details

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Property history

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Maryborough suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
52 years
Population
8,160
Listing ID: 181920565. This listing has been viewed 0 times. It was first displayed on 12/09/2023 and last updated on 04/04/2024.
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.