Bakery, Prime Brisbane Location, 5 Days, New Lease! $18 - $22k Pw Recent Sales!

The modern multi-purpose centre near the Brisbane CBD caters to 10,000's of pedestrians from early morning commuters, regular shoppers, day trippers, office and area workers, students, 7 days a week.

In addition to a guaranteed constant pedestrian flow for years to come, there are 1,000 - 2,000 office workers practically at your doorstep.

This Bakery is one of Brisbane's best sources for freshly baked loaves, including a coveted range of stone-baked sourdough, French and Italian breads, cakes and pastries, which are second to none.

The front counter is filled with treats of all kinds, including tarts, cheesecakes and doughnuts, as well as savory options including gourmet pies.


Features of the business include:

This is not a franchise bakery - NO franchise and advertising fees to pay, sometimes amounting to around 12% of turnover!

Currently no 3rd party deliveries. Potential to introduce!

Limited trading hours
Currently
(Mon Fri) 6.30am - 5.00pm
Saturday - Sunday Closed
Closed all public holidays and 3 weeks over Christmas
(Potential to increase trading hours with a considerable immediate uplift to sales)

New lease negotiated directly with the landlord proposed at $5,200 per month + Outgoings

The fit-out is for a full bakery, and has been set up by a passionate owner

Turnover is FY2023 was approximately $875,000
Recent sales are $10,000 - $22,000 per week for 5 days trading until 5.00pm (no late nights)

FY2019 was on target to turnover approximately $1,300,000

Product mix estimate
Pies 40%
Cakes 25%
Breads 10%
Coffee 20% (Merlo 40kg per week)
Cold Drinks 5%

Staffing is currently under full management with 2 full-time + 5 casuals (varies)

Potential Return to an Owner/Operator
FY2023 Estimated $225,000 EBITDA (Closed 3 weeks)
(Could be $240,000 + EBITDA based on current weekly turnover, and control of costs)


This business is suitable for qualified baker/s who understand the industry and know what they are doing. This will also be an expectation by the landlord.

For more information, please contact:

Reg Butler
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