Under Offer Longtime Bakery In Prime Location

Kerang, Victoria 3579

$975,000

Key Features

AI generated. Contact seller to confirm.

  • One of the largest bakeries in North Central Victoria
  • Wholesale sales comprise 60% of revenue
  • Spacious custom facility with large vehicle loading door
  • Freehold and adjacent residence purchase options available
  • Seven-day trading with 18 staff and four delivery vans
  • Modern fit-out with walk-in cool room and solar panels
  • Turnover: $2.1 Million (past 3 years)
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Operating since 1962 (over 60 years)

Business Details

Business Category Bakery

One of the largest North Central Victoria's bakeries is on the market. This is a highly profitable business that's been operating since 1962. This is low risk investment due to its long standing in the community and large wholesale to several supermarkets and cafes in the region, the wholesale is 60% of revenue. A spacious custom made facility gives efficiencies with a large side door entrance for vehicle loading.

Escape the city; and invest in country Victoria, where the people are friendly and the air is fresh.

*$ 2.1 Million in revenue for the past 3 years
*High profit margin
*Plant & Equipment valued at $771,200
*60% of revenue is wholesale deliveries
*Freehold and adjacent residence options to purchase.
*Been the regions favourite since 1962
* Multiple opportunities for expansion

Grant Findlay and the team at LINK Melbourne are thrilled to present a beloved bakery to the market. The business has been operating for more than 60 years and has become well-known for its variety of offerings, including pies, sausage rolls, doughnuts and eclairs, among others. It operates seven days a week and is supported by a team of 18 staff members composed of 6 full-time and 12 casual employees.

The business can accommodate 75 indoor and 85 outdoor seats, making it an ideal location to host large groups and events. The modern and spacious fit-out includes a walk-in cool room, freezer, kids' playground and was recently fitted with solar panels. It has 4 delivery vans that deliver to the region daily.
Contact Grant today and start your own successful business!

Listing ID: ME03146
Broker: Grant Findlay
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03146
Timestamp: XXXXXXXXXX 0003

What's Nearby

Make an Enquiry
LINK Business Melbourne LINK Business Melbourne

Bsale ID: 658047

wait whilst email sent

Thank you, your enquiry has been sent now.