Scotts Plaza Bakehouse - Iconic Laurieton Business

Shop 2/84 Bold Street, Laurieton, New South Wales 2443

$295,000 WIWO

Key Features

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  • Iconic Laurieton bakery location next to Coles
  • Operating continuously from same site since 1997
  • 2024 turnover $1.05M, strong retail and wholesale mix
  • All equipment included, replacement value approx $67,000
  • Lease until December 2025 with three year option
  • Currently operates seven days per week
  • Turnover: $2024: $1,050,000; 2023: $950,000
  • Net Profit: Not disclosed
  • Rent/Lease: $31,964.64 per year, plus GST
  • Stock Value: $10,000
  • Established: Since 1997

Business Details

Business Category Bakery

If you've ever been to Laurieton and bought a cake, pie, loaf of bread or even a fresh sandwich, chances are that you have bought it from Scott's Plaza Bakehouse, located in the Haven Plaza on Bold Street, right next door to Coles. This is quite possibly the busiest retail location in the whole Camden Haven and Scott's been baking his delicious goods from the same location since 1997.

* All equipment in good working condition, well maintained and estimated value of equipment (at replacement cost) approx $67,000, all included in sale
* Approx 14 x staff, including proprietor, predominantly casual staff, includes 6 bakers
* 2008 Toyota Hilux ute includes with sale
* Stock levels sit approximately $10,000, included in sale price
* Products currently include pies, sausage rolls, sourdough, ciabatta, traditional bread loaves, huge selection of sweet treats (including the ever popular Apple Pie and Turnover with Cream, fresh sandwiches)
* Successful wholesale business and retail business in one. Wholesale represents approximately 10% of turnover, providing significant room for growth
* Lease until December 2025 with a further 3 year option in favour of the business
* Shipping container for additional storage included and located directly behind shop
* Rent just $31,964.64 per year, plus GST. No other outgoings payable
* 2023 financials showing $950,000 turnover for 12 months
* 2024 financials showing $1,050,000 turnover for 12 months
* Currently operating 7 days per week

* Vendor finance available to qualified purchasers

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Bsale ID: 672621

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