Wholesale Bakery With $390k Assets - Central Coast, Nsw

$450K+ to working owner or $350K+ if Under Management

Business ID: XB157388

Established by the current owners 17 years ago this business has been shaped into a very profitable enterprise.

The business is fully staffed with a licensed baker in the factory, supported by part-time by the owner (pastry chef) and 2 kitchen hands. There are 17 casual staff for other aspects of the factory, delivery and retail stores.

While it can be beneficial for the owner to be a baker/pastry chef it is NOT essential.

The business operates with custom software designed by the vendor that massively simplifies the knowledge needed to operate the business. This software will be licensed to the buyer of the business.

- Fully fitted factory, 316 sqm with 38Kw solar system & 100A power

- No Night Shift

- 32sqm walk-in cool room

- 30 sqm walk-in freezer

- 135+ wholesale customers

- Licensed clubs, cafes, restaurants, sporting clubs, nursing homes

- Factory outlet plus 4 retail outlets (single-person sites)

- Factory available to purchase (+$1.35m)

- 76.1% GP

The vendors will provide up to a 4-week handover included in the sale of the business.

This business has been grown from scratch and has produced annual revenues of $4m+. A decision was made 12 months ago to simplify the business through the implementation of brilliant software and the removal of 'marginal customers' and unprofitable stores.

The result is a low-stress business that is extremely simple to operate.

This is a turnkey operation for a buyer who may choose to work in the business or not.

Asking Price: The Goodwill and Assets of the business are for sale for $790,000 plus SAV (approx. $30K).

Property Code: 4055