Thriving Mid-north Coast Bakery/cafe

Business For Sale Port Macquarie, New South Wales 2444

Business Category Cafe and Coffee Shop

$450,000 + SAV

Description

Thriving Mid-north Coast Bakery/cafe

This is a genuinely rare opportunity to purchase a highly profitable, bakery/cafe based on the Mid-North coast of NSW.

With its idyllic climate, beautiful beaches, laidback vibe this area has become a favoured destination luring holidaymakers for longer stays in addition to its own thriving population.

Located in a bustling and vibrant town, the bakery has no shortage of year-round passing trade.

Currently operating six days a week from 7am until 1.30pm (closed on Sundays). The core business is generated from the retail shop which sells a wide variety of cakes, pastries and bread.

The business also has an established and consistent wholesale revenue line which has grown considerably over the last three years. A new owner could continue to expand this side of the business as there is strong local demand for the products and limited competition.

The opportunity also exists to open a second retail shop as the production space could be further utilised.

Run by the two owners and an established team, the financial records show consistent sales growth of 25% year on year as well as strong margins. The staff roster is well structured and efficient with production hours for the bakers operating between 4pm to 12 midnight.

The business 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 don't come along that often and if you are 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**

Staff No
Two owners 4 Full Time and 6 Casuals

Lease Info
3 x 3 x 3 Granted September 2021

Trading Times
Monday to Saturday 7am to 1.30pm Sunday Closed

Opportunity
Open a second retail store or grow the wholesale side of the business (strong local demand)

**Weekly**
Turnover (inc GST) $30,426.00
Rent $1,072.30
Wages $10,180.75
Net Profit​ $5,347.47

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Paul Leach

Bsale ID: 564827

GSE Business Consultants
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