Business For Sale Queensland
Business Category Bakery
$498,000
Description
Bakery - Cafe - Takeaway - Bakery - Cafe - Gold Coast Qld - Sales $33,000 P.w. Long Lease Low Rent
Bakery - Cafe - Takeaway - Gold Coast - Agent SBX Code Number: F3479
Bakery - Cafe - Takeaway selling pies, sausage rolls, pastries, cakes and a large range of patisserie products, also fresh bread, sourdoughs, bread rolls, freshly made sandwiches, coffee and wedding cakes, etc. Uses approx. 60 kgs. of premium coffee p.w. High gross profit margin 71 %. Uses approx. 70 bags of flour per week. Outdoor seating for up to 40 people.The weekly figures shown are excluding gst - Increased foot traffic over the weekends..
Potential
Great potential to increase sales for full-time hands-on working owners - either a couple - two partners or even a family with teenage children. This will help reduce the current wage weekly bill and help the business operate more efficiently.
Features
Hot location in idyllic strip shopping centre location - Brand new 4 deck oven installed September 2023 - Plenty of external seating - Low weekly rent and long lease currently in place - Solar panels installed in May 2024. - The business is currently run under semi management
Premises
Full bakehouse with rear door entry for deliveries, walk-in takeaway bar fully stocked adjacent to large coffee machine.
Location
Magnificent location close to beautiful esplanade waterfront and broad water on the Gold Coast. The bakery is within a high precinct area so the surrounding area is well serviced and maintained to a high standard by the local council.
Trading Hours
7 days - Monday to Friday 5 am to 4 pm. Saturday & Sunday 5 am to 3 pm. Baking Staff 630 pm to 5 am.
Lease
Current lease expires on the 17.05.2026 + 2 x 3 year options , 3 month rental bond, - CPI annual rental increases.
Employees
Two owners work approx. 33 hours p.w. combined - staff is made up of 2 bakers - pastry cook - baristas - sandwich hands and casuals - approx. 20 staff working different shifts and hours.
Comments
The coffee machine is around 2 years old, and is top of the range, worth around $40K, however this is owned by the coffee supply company. For security purposes the business has an integrated CCTV system which provides visibility both inside and outside the bakery. Misc.- 1 -includes accountant fees - repairs and maintenance - outdoor seating fees - oven payments - solar panel payments. Company van included in the sale of the business. The equipment value stated of $180,000 is only a replacement estimate from the owner of the business. A small list of wholesale customers. Please under no circumstances is anyone to approach the owners or staff of the business, simply call your SBX broker for further information. You will be required to sign a 2 page confidentiality agreement to obtain financial information, GCC council Roadside Dining Licence / have use of adjacent takeaway to use roadside dining during day and approved by GCC and also have opportunity to extend current roadside dining space.
Agent SBX Code Number: F3479 - Sydney Business Exchange
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