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Award-Winning Bakery For Sale

Geraldton, Western Australia, Australia
Asking Price:
$500K - $1M (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
Available on request

This profitable commercial bakery for sale is located in Geraldton and services a vast region of wholesale customers including schools, cafes, supermarkets, sporting clubs, takeaway outlets, and corporate customers.

The business services the retail market with dine-in cafe meals and takeaway options. The cafe comfortably seats 12 inside and 18 outside.

The business boasts consistently high gross margins & attractive cash flow and profitability.

The business has won and been a finalist for many awards, both industry and people's choice awards including the Winner of the 5 Star City of Geraldton Food Safety Award, the Best Geraldton Pie Award, the Mid West Chamber of Commerce & Industry Business Award and the People's Choice Pie Award Winner.

The business has over 3,400 followers on Facebook and has over 100 favourable reviews on TripAdvisor, Facebook, Zomato & Google.

The business has experienced, well-trained staff in place and the business has a fine reputation for friendly customer service.

The business is structured for a family to operate or an investor to run under management.

The business is being sold leasehold with an extensive plant list of commercial baking equipment and 2 delivery vans. Expressions of interest to Wayne Cooper.

For more information or to receive a full business profile please contact Wayne Cooper.

**Business Snapshot**

- Commercial Bakery servicing both wholesale & retail markets.
- Purpose built premises with large production & preparation areas, storage room, admin offices, staff room, caretakers accommodation and shop area with many metres of display cases.
- Cafe seats 12 inside and 18 outside.
- 5-year lease with 5-year option offered.
- Rent approx 4.2% of FY18 revenue.
- Premises area 630 m2 on land of 2,020m2.
- Trades just 5½ days a week.
- Experienced staff - some have been with the business 11-13 years.
- Gross Margins of 66.6% for FY 18.
- 2 x Mitsubishi delivery vans.
- The owner is selling due to ill health.

Property Information

Real Estate:

Lease

Premises Details:

Large purpose-built building with caretakers residence.

Business Operation

Reasons for selling:

Ill health

Trading hours:

5 and a half days per week.

Years established:
Since 2001

Other Information

Support & training:

Handover of up to 30 days

Owner financing:
Owner financing is available. Please contact the seller for more information.

Contact Information

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