Lower South Coast Bakery For Sale

Business description

This business, located near a taxi rank, has been running since the early 90’s, with the current owner having taken the business over in 2009. It started initially as a Superette with a small in house bakery producing bread and a limited range of confectionery for sale in its own shop. In 2002 the business expanded with the opening of a commercial bakery in a nearby location, focused on producing and distributing bread in competition with the major players in the bread industry.

Property information

Location:

South Africa - Kwazulu Natal - Lower South Coast

Premises details:

The business is located near a main taxi rank and garage on a main south coast road in Kwazulu Natal and the two operations are within a kilometre of each other. The superette bakery, in addition to a limited range of bread for its own use also produces confectionery products such as bread rolls, doughnuts, snowball, pies, cakes and biscuits.

Size in square feet:

Shop and warehouse 200 sq m each

Business Operation

Expansion potential:

Could expand sales north of business area

Competition / Market:

Limited competition in the area

Reasons for selling:

The owners want to relocate back to China

Trading hours:

Monday - Saturday, 06h00 - 18h00 and Sundays 06h00 - 17h00

Employees:

11

Years established:

Since 2002

Other information

Support & training:

The owner will provide support and training

Furniture / Fixtures value:

R1,500,000 (included in the asking price)

Inventory / Stock value:

R250,000