Bakery/cafe T/over $3.5mill Net Profit $500k+ To Owner

Business For Sale Mudgee, New South Wales 2850

Business Category Bakery Cafe and Coffee Shop Takeaway Food

$595,000 + SAV

Description

Bakery/cafe T/over $3.5mill Net Profit $500k+ To Owner

Located in the vibrant and bustling regional town of Mudgee is a genuinely rare opportunity to purchase a highly profitable, bakery/cafe. Established for over 30 years, the owners are now ready to pass the baton on to a new owner/operator. A 15 year lease will ensure maximum ROI can easily be achieved.

Currently operating six days a week the core business is generated from the retail bakery shop which sells a wide variety of cakes, pastries, and bread.

The business also includes well-established and well known Cafe which has grown considerably over the years. The consistent revenue line is boosted by a booming catering income stream which contributes to an exceptional net profit. A new owner could continue to expand this side of the business as there is strong local demand for the products and limited competition.

Run by two owners and an established team, the financial records show consistent sales growth year on year as well as strong margins. The staff roster is well structured and efficient, and the inventory is extensive and well maintained.

With its picturesque countryside and prosperous wineries, the town is supported by the ongoing growth of the mining and renewable industries. The area has become a favoured holiday destination with the laidback rural vibe attracting visitors in addition to its own thriving population.

This Bakery/Cafe has achieved a level that many would be envious of and would make a highly desirable acquisition to any purchaser willing to look at a regional location.

Opportunities as good as this this dont come along that often and if youre in the market for something special then this opportunity would be worth relocating for.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details

5 x 5 x 5 - Commenced May 2021

CPI increases w. 3mths Bond

**Weekly**

Coffee Sales 55kgs - 60kgs
Contact Seller
Anthony Manks
  • Anthony Manks

Bsale ID: 645736
Broker REF: 82141

GSE Hospitality Brokers
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