Brisbane City, Queensland 4000
Commercial Bakery and Distribution Centre! Brisbane Westside! Well established! Potential +++!
For Sale | $350,000
The business is handling Covid-19 very well!
The bakery was created in the Brisbane western suburbs about 20 years ago and has since gained a reputation for the supply of excellent bakery related products, distributed through-out South-east Queensland.
The large purpose built air-conditioned commercial bakery would cost approximately $800k to recreate today.
Current Lease expires in 06/2025. (Options neg)
Gross rent is approx. $5,400 + GST per month. Excellent as a percentage of the sales turnover
Annual Increases are 2.5%
Rental Guarantee is 3 months rent
The premises are in an ideal location to get onto the major roadways quickly
Vehicles in the sale include 3 refrigerated delivery trucks, with reasonable mileage
Customer base consists of cafes, restaurants, caterers, schools, gourmet food stores, health stores etc.
Bakery product range includes gluten free, dairy free, vegan options
The business also distributes well known local bakery products (e.g. Byron Bay Cookies)
Current operating hours are Monday to Friday 7.00am 4.30pm
(Office showroom open 8.30am 2.45pm Mon Fri)
Saturdays 9.00am 12noon
Closed public holidays!
Sales are in the vicinity of $1,200,000 per annum
There is an excellent, loyal, and experienced team of staff in place consisting of:
2 full-time vendors, Head chef and 6 Casual staff
Sellers are prepared to provide a comprehensive handover and induction. Together with personal introductions to the current customer base (if required)
Potential includes, but not limited to:
Expanding and growing the customer base
Merging with an existing distribution business
Expanding product range e.g. pies (currently doing sausage rolls), sandwiches etc.
Open a café / coffee shop at the location (plenty of local businesses requiring a place to
develop a catering business to service the emerging home delivery market
Return to owner operators is in the vicinity of $140,000 (FY2019)
Finance of up to 50% against the business could be available to approved applicants from a major bank
For more information, please contact
0438 189 657