Are you considering buying a bakery for sale? The iconic Meat Pie and Sausage Roll’s friend! Australians are famous for these meaty items, we love to niggle about ‘who sells the best pies’ and rush out on a Saturday morning to grab the paper and a loaf of bread. But Australians know that not all bakery’s are the same! Some have great pies, some have the best lamingtons, and then when it comes to the bread… who has the best loafs? Regional Australians love a good local bakery, it’s the hub of the town. Its busy on weekends with everyone grabbing a pie, a loaf of bread, putting up something on the local notice board, or grabbing a coffee. It can be the friendliest part of town!
So if you’re thinking about buying a bakery, you may also be wondering what does it take? Well to start with it would help if you’re a morning person. Bakers are up early in the morning, sometimes before the sun, cooking away. You would need to be passionate about cooking and making delicious treats, to become that ‘best bakery in town’. Creativity is important in coming up with new ideas – new breads, cakes, pies to entice customers into your store. You mornings will be busy with all the baking, customers coming in and out the store, and you normally finish the day around 3pm.
What to asses when buying a bakery? There are quiet a few franchises for sale on the market such as Bakers Delight and Brumby’s which might be the ideal option for new business owner looking to make a start and wanting some guidance from an established brand. If you are looking to buy an already established bakery business for sale here are a few items you should consider:
If you are selling your bakery business, its important to have it presentable. Make sure that it is clean and the potential buyers have access to all the business, including the cooking facilities and preparation tables. Be sure to have your finances in order and books available for the potential buyer to review.
Do you run a bakery? Is it privately owned or part of a franchise group? What are your experiences in running a bakery, and what can you suggest to potential buyers?