Fantastic opportunity to purchase a highly profitable independent bakery, located in Laurieton on the Mid North Coast of NSW. Renowned for its quality products the business has an excellent reputation supplying to the retail market and also to many food producing cafes.* Currently occupying 3 commercial premises in the Laurieton mall (two adjoining and one for storage across the passageway)* All equipment in excellent working condition, well maintained and estimated value of equipment (at replacement cost) approx $136,000, all included in sale* Products currently include pies, sausage rolls, sourdough loaves, traditional bread loaves and a huge selection of sweet treats* Wide street parking available directly in front of shop and opposite the Commonwealth Bank* Currently operated by husband and wife baking team, with an additional baker on staff, plus retail staff. Staff willing to stay on* Business has previously operated a very successful wholesale business as well, which has been currently scaled back to preserve quality* Current lease expires 13 March 2023, with a further 3 year option available* Average turnover annually over the last 2 years approximately $921,000 (weekly turnover average above $17,000)* Full information memorandum is available upon signing of a confidentiality agreement
* Would suit a baking couple or even better, a business minded manager to oversee the business with qualified bakers employed. Profitability provides an attractive opportunity for a manager to attain a profitable income without the requirement of actually being a baker themselves.
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee it's accuracy. Prospective purchasers are advised to carry out their own investigations.
