For Sale $358,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $358,000

Business Details

Bakery - Wholesale - Retail - Upper North Shore

\nBakery - Wholesale - Retail - Upper North Shore - Agent SBX Code Number: F2385

Wholesale and retail bakery specializing in sourdoughs and European breads. Very well established business comprising of approximately $9000 per week wholesale from hotels, restaurants and caterers located from Castle Hill to SYDNEY CBD., balance retail sales. This bakery has its own unique bakery products that other bakeries do not have.

Potential
Increase sales of niche products to retail and wholesale clients through marketing and online exposure. Opportunity to increase sales through hotels, restaurants, delicatessens, catering/function centres.

Features
Unique products.Well known within the hotel industry for quality of products. Only 2 owners in 20 years. Very low rent.

Premises
This business has an area of approx. 130 sq.mts..

Location
Prime street front location .

Trading Hours
7 days - Mon. to Fri. - 6.30 a.m to 4.30 p.m. - Sat. and Sun. - 6.30 a.m to 2 p.m.

Lease
3 year lease with a 3 year option commencing February 2010. - $6376.33 bond.

Employees
1 working owner + 5 fulltime bakers

Comments
Equipment includes walk- in coolroom, freezers, 10 deck oven, 3 mixers, 1 Hobart mixer, 1 new cake display fridge and 1 cake carousel. Van not included in price.

Figures
Weekly Sales $16000
Rent (ex GST) $1100
Wages $5000
Profit $4000

Agent SBX Code Number: F2385 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Bakery
  • Business Lease: $26,000.00
  • Business Ownership: Freehold
  • Lease Options: 2 x 5 years
  • Floor Area Retail Office: 50.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Lease Basis Of Rent Review: CPI Annually
  • Value Of Work In Progress: $1000
  • Written Down Plant Equipment: 10000
  • Equipment Lease Hire Purchase: 20000
  • Wages Proprietors Family: $20000
  • Wages Staff: $20000
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Earnings Before Interest Tax: 4% p.a.
  • Debtors: $5000
  • Creditors: $5000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Operating Days: 5.5
  • Number Of Staff Members: 5
  • Buying Group: Acme medical
  • Franchise Agreement Fees: NO
  • Licenses And Permits: Medical centre
  • Licenses And Permits: Acme accountants
  • Solicitor Details: Acme solicitors
  • Name Tradmarks IP Transferable: YES
  • Copy Of Menu Services: YES
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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