Bakery ABM ID #1835

  • Bakery ABM ID #1835
This extremely profitable and well established Bakery has both a retail and wholesale facet to the business, ensuring a massive turnover year after year. Having been established for over 25 years, the business has an excellent reputation in town and still has ample room for growth with the possibilities being endless for the right new owner. Offering a massive product range from breads, pastries, cakes, slices, hot foods, breakfasts, sandwiches and drinks, the business caters to a returning customer base including trades, public servants and many weekend passing customers and families. In addition to this, the bakery enjoys some 85 wholesale customers across ACT and Queanbeyan as its reputation and word of mouth advertising is prevalent across Canberra. Advertising is not required on a huge scale as there are currently no other bakeries / cafes in Tuggeranong but the current owners like to keep interest up by advertising on the local radio station. Staffing levels for this business can be flexible by using casual staff over weekends and busy periods. The business would suit many types of buyers that do not necessarily have a background in Baking. The current owners do very little baking and employ 5 full time bakers, 4 casual delivery and packing staff, 5 casual weekday staff and 12 casual weekend staff. This can be decreased or increased based on how much or as little the new owners would like to get involved. Adding to the impeccable reputation of the bakery is the fact that it holds the 2013 Best Pie Award, along with several other awards from local baking shows. It occupies a perfect position in the heart of a busy centre and the area is also set to expand with plans for a new housing development in the near future. This business provides endless possibilities and huge potential for the future.

SELL $745,000+SAV
ABM ID #1835 

Market Conditions & CompetitionNo other bakery in the area.

Financial SummaryHuge turnover year after year.

Training & SupportN/A

Reason for SellingN/A

Location State: Australian Capital Territory Category Bakery

Weekly Revenue$0 Monthly Revenue$0 Annual RevenueN/A

Contact PersonSimon Johnson Price$745,000+SAV Year EstablishedOver 25 years ago

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

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