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Regional VIC

Two Site Bakery Business | Sales in Excess of $2 million | Buy One or Both Sites to Suit Budget

$700,000 Plus SAV

Description

Opportunity to Purchase One or Both Bakery Sites T/O in excess of $2 million

First time to market is this two-site bakery and production business which has been serving the local community for the past 30 years situated within the Central Goldfields area of Victoria.

This is an incredible opportunity to purchase either one or both of these bakery sites.

Combined T/O in excess of $2 mill and both sites successfully continue to see year on year growth in sales and profits.

The business is currently located over two sites:

Site 1: Purchase Price $540,000 [T/O approx.. $1.2m]

Approximately 5,000 sq metres in size and includes all production facilities, a retail sales area, indoor dining for 40 customers plus an outside undercover area for 16 with space to extend.

Located within a high traffic shopping precinct surrounded by other major retailers including Safeway, Coles, Mitre 10 and Aldi there is no shortage of passing trade with plenty of on street parking available.

Opening hours are 6-30 am to 4-00 pm Monday to Sunday, with a 5 x 5 x 5-year lease currently in place.

Site 2: Purchase Price $160,000 [ T/O approx.. $800,000]

Approximately 2500 sq meters in size and includes retail sales area and indoor seating for 40 customers plus and outdoor seating area for 16.

Located along the main street, this is a high foot traffic area.

Currently trading 5 ½ days per week there is a 5 x 5-year lease currently in place.

The business is supported by a mixture of full time, part time and casual staff members.

Approximately 95% of turnover of the business is through retail sales with the remaining 5% from wholesale customers which both protects the overall margins of the business and allows plenty of room to grow this side a new owner wish to.

Having diligently built up the trade since establishing the business 30 years ago the owner is now planning to retire.

This creates a fantastic opportunity to purchase either or both of these highly profitable well-run bakeries where excellent operating procedures are already in place allowing the new owner to transition smoothly with the support and help of a highly organised team.

Both towns offer a very affordable lifestyle with bustling and growing populations. This creates the perfect opportunity to for relocation from busy mainstream cities.

Staff No

1 x fulltime baker/ pastrycook 1 x 2nd year apprentice 1 x part time retail manager 1 x casual retail manager 1 x casual pastry chef 1 x casual baking assistant 1 x casual kitchen hand 12 x casual retail assistants.

Lease Info

Site 1: 5 x 5 x 5 yr Site 2: 5 x 5 yr

Trading Times

Site 1: 6.30am to 4.00pm Monday to Sunday Site 2: 5 1/2 days

Size of Premises

Site 1: approximately 5000sq. ft. Site 2: approximately 2500 sq. ft

Reference No: PLSSBVP05

Business Listed by

Christina Jones

Six Steps to Sale Program Manager @ GSE Hospitality Brokers

My first taste of the hospitality industry was when I was 11, working in my parents’ bakery, Narraweena Cake Shop, located on the Northern Beaches of NSW.

They taught me early on about customer service and providing high-quality products. It’s definitely the bakery that developed my passion for food—fresh bread, egg custard tarts, and all those things you should eat in moderation.

I have a diverse work background, I’ve worked in Real Estate both in Australia and the UK. I spent 7 years in the UK and studied a Postgraduate Degree in Music while working in the FMCG industry as an account manager for Nestle and the North West of England Territory Manager for Carlsberg.

My most recent hospitality venture was taking over a run-down café. I thought, what could go wrong? I love food and cooking and knew I excelled at customer service. We had plenty of challenges along the way but each time, we turned them into opportunities.

In just three years, I turned Moorland Cottage into a unique café dining experience with free-ranging chickens, which resulted in us winning the 2023 Outstanding Visitor Experience Award for the Mid Coast NSW. In the same year, we were also finalists in the Restaurant and Catering Awards for Best Casual Café Dining Regional NSW.

I doubled profits in two years while reducing our work days from 7 days a week to 5 days and closing all public holidays.

The combination of Hospitality and Real Estate experience as well as working in large corporate organisations, has enabled me to truly understand the importance of having processes, systems and great customer service and a strong team. I also believe that if you are in business you should never stop learning.

Working with GSE to sell my business led to some “light bulb moments” and definitely helped me with the sale of Moorland Cottage Café.

I am incredibly passionate about providing customer service experience and helping others succeed, and I look forward to helping you on your hospitality journey, whatever that may be.

Request more Information about this business

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The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

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