Reason inactive this Listing is not provided by Allsales Team

Login Now...

Award Winning Bakery/Cafe - NSW’s Central West

Cafes And Restaurants , Food, Corporate Sales above $1m, Cafes And Restaurants

Regional, NSW 96 Views

Asking Price $1,450,000 for 100 %

0 % Complete (success)
0%
Make an Offer
Share

SALE OR INVESTMENT DETAILS

  • $2,717,023 Gross Sales per annum
  • $368,153 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Reference ID: 20556047

Highlights

  • Award Winning Bakery/Cafe - NSW’s Central West
  • Award winning & very well renown
  • Long established, 20+ years
  • 110+ seat capacity

Executive Summary

This is an award winning & long-established bakery-cafe located in the Central West of NSW in a beautiful tourist town.


Location Details

Located in Central West NSW, the bakery-cafe occupies premises approx. 603 sqm in size & has over a 110 seat capacity & is considered to be within the heart of the local community.


Potential

There is a huge untapped opportunity to:

Expand the wholesale supply side of the business which has never been explored.

Expansion of the current premises to increase seating capacity which is currently just over 110 seats.

Wholesale revenue is small at present but represents a significant area of potential given the range of products the bakery can supply and particularly the demand for its range of housemade pies.


Skills

Owner experience and/or experience in operating/running a Bakery and/or a cafe will be useful & beneficial.

Alternatively, the business can afford to employ staff with the required skills.


Lease

Extremely attractive lease, currently sitting at a healthy 4% of the total business turnover, creating very healthy margins.

1 year remaining with a 2 x 5 year option available.


Employees

Owners x2

FT x 9

PT x 10

Casuals (Adults) x9

Casuals (Junior) x9

Other x2

Detailed Staff breakdown can be found within the Information Memorandum prepared for the business, please enquire to obtain this document.


Reason For Sale

The owners have owned the bakery/cafe for over 20 years & are motivated to move on providing a reasonable price can be achieved.


History

Operating for over 20 years, multiple awards won throughout & certain key decisions regarding location & expansion have resulted in a very successful & renowned history for this bakery/cafe.

More regarding the history of this business can be found within the Information Memorandum which can be obtained following an enquiry.

About the Business

The Bakery/Cafe has won multiple awards & has generated impressive online reviews with an average over 4 stars across multiple platforms. Financially, the bakery/cafe produces strong results financially  yearly with the previous financial years resulting over $2.5m in total sales & producing a very healthy profit margin contributed by the exceptional margins (Rent at only 4%. COG’s at 28%)*.


In addition, there is ample room for potential & future growth, wholesale is yet to be explored as mentioned above + potential for  internal expansion to increase seating capacity proves this opportunity is worth enquiring for.


Key facts about this business:

-  Award Winning & very well renown

-  Long established, 20+ years

- Huge potential via Wholesale & an increase to seating capacity.

- Very attractive lease, sitting at 4% of the total turnover (industry average sits at 8% to 10%) with a 2 x 5 year option available.

- Approx 50kgs of coffee sold per week, 110+ seat capacity & exceptional online reviews across multiple platforms.

- Location is within the heart of the local community, contributing to the strong & consistent sales per year.




For more information on this opportunity, please contact the undersigned:


Nick Poulos

Business Sales Specialist

Allsales

M: 0410 076 114 T: 1800 858 696 E: nick.poulos@mentored.business


Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Please click on the Complete Profile button to complete the required profile items. After you successfully complete your profile, you will be redirected back to this page and request will be processed automatically.

Please login to continue

Please login to continue

Please login to continue