Carindale, Queensland 4152
Bakery - former Brumby's site! Well appointed! Nice area! Competitive advantages!
For Sale | $260,000 + SAV
EXCELLENT LOCATION! The business is situated within a well frequented shopping precinct, with a very captive pedestrian flow. The tenants in the complex will ensure people are literally walking past your doorstep for many years to come.
Current business was established in late 2016 (Former Brumby's site)
Lease expires November 2021 + 5-year option
Permitted use is Hot Bread Kitchen / Bakery
Rent (excluding GST) is $3,755 per month + $845 per month outgoings
Business size is a manageable 80m2 + alfresco
Very well appointed fitout by passionate owners. New and quality reconditioned equipment needed to operate the business. Supplier provided coffee machine (5 kg per week approx.)
Vendor's Hours working in the business are Nil / minimal
Staffing includes - Full time Baker + 1 Full time assistant + 6 casuals (varies)
Mon to Fri 5.00am - 5.30pm
Sat to Sun 5.00am - 4.00pm
Approximate Turnover (excluding GST) FY 2018 $688,000 - NO wholesale!
NO FRANCHISE FEES TO WORRY ABOUT!!!
Approx. Product Mix: 40% bread, 60% other products
Cost of goods approx. 28.5%
Range includes: Bread, Pies, Slices, Cakes, Coffee. Cold drinks
SAV approx. $5,000
The cafe side of the business could be promoted e.g. breakfast and lunch offerings taking advantage of the alfresco seating arrangement - plenty of passing trade!
Introduction of catering, as it is suited to the area
Introduction of wholesale offering
Ideally suited to an owner /operator who could potentially realize $160,000 profit EBITDA
For more information, please contact:
0438 189 657