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Business ID BS8289

Fully Equipped Bakery For Sale - Liquidator Appointed - NSW Central Coast

EOI Close Wednesday 18th October COB - Shopping Centre Location on NSW Central Coast

This well equipped manufacturing bakery and retail store requires restaffing and is then ready to trade. FY 17 revenue had exceeded an average of $15,900 per week. The bakery is located in a relatively new shopping centre in an area of strong population growth.

Business Highlights

  • FY 17 Revenue $829,135 (exc GST)
  • CoG's 30% of revenue
  • Flour purchases $36,700 during FY 17.
  • Wages (operated under management) 48% of revenue
  • WDV of P&E $143,000
  • Extensive list of equipment assets included

The business had been operated under management (by an owner without bakery experience) and has ceased to operate. The business is fully set up and ready to trade once staff have been recruited.

The business would suit an existing pastry cook, baker or bakery team who could take advantage of the quality setup and location. The established nature of the facility will provide significant savings over the establishment of a new store location.
The business may also be of interest to an established bakery operator who could supply products to the store from another manufacturing location, this would keep staff costs low and provide equipment assets for use elsewhere or for on sale to recover some of the acquisition cost of the business.

The Liquidator will consider all reasonable offers. The preference is to find a buyer wishing to recommence trading rather than someone looking to buy P&E only, however such offers will be considered.

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