Visit this listing at https://www.sbx.com.au/business?id=F3479

Business Code: F3479

Key Features: Bakery - Cafe - Gold Coast QLD - Sales $33,000 p.w. Long lease Low rent

State: QLD

Location: Magnificent location close to beautiful esplanade waterfront and broad water on the Gold Coast. The bakery is within a high precinct area so the surrounding area is well serviced and maintained to a high standard by the local council.

Description

Bakery - Cafe - Takeaway selling pies, sausage rolls, pastries, cakes and a large range of patisserie products, also fresh bread, sourdoughs, bread rolls, freshly made sandwiches, coffee and wedding cakes, etc. Uses approx. 60 kgs. of premium coffee p.w. High gross profit margin 71 %. Uses approx. 70 bags of flour per week. Outdoor seating for up to 40 people.The weekly figures shown are excluding gst - Increased foot traffic over the weekends..

Summary

  • Features: Hot location in idyllic strip shopping centre location - Brand new 4 deck oven installed September 2023 - Plenty of external seating - Low weekly rent and long lease currently in place - Solar panels installed in May 2024. - The business is currently run under semi management
  • Potential: Great potential to increase sales for full-time hands-on working owners - either a couple - two partners or even a family with teenage children. This will help reduce the current wage weekly bill and help the business operate more efficiently.
  • Premises: Full bakehouse with rear door entry for deliveries, walk-in takeaway bar fully stocked adjacent to large coffee machine.
  • Trading Hours: 7 days - Monday to Friday: 5 am to 4 pm. Saturday & Sunday: 5 am to 3 pm. Baking Staff: 6:30 pm to 5 am.
  • Lease: Current lease expires on the 17.05.2026 + 2 x 3 year options , 3 month rental bond, - CPI annual rental increases.
  • Employees: Two owners work approx. 33 hours p.w. combined - staff is made up of 2 bakers - pastry cook - baristas - sandwich hands and casuals - approx. 20 staff working different shifts and hours.
  • Sale Reason: The current owners have other business interests.
  • Comments: The coffee machine is around 2 years old, and is top of the range, worth around $40K, however this is owned by the coffee supply company. For security purposes the business has an integrated CCTV system which provides visibility both inside and outside the bakery. Misc.- 1 -includes accountant fees - repairs and maintenance - outdoor seating fees - oven payments - solar panel payments.
    Company van included in the sale of the business. The equipment value stated of $180,000 is only a replacement estimate from the owner of the business. A small list of wholesale customers. Please under no circumstances is anyone to approach the owners or staff of the business, simply call your SBX broker for further information. You will be required to sign a 2 page confidentiality agreement to obtain financial information,
    GCC council Roadside Dining Licence / have use of adjacent takeaway to use roadside dining during day and approved by GCC and also have opportunity to extend current roadside dining space.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$33,779

Cost of Goods

$9,845

Gross Profit

$23,934

Rent

$1,243

Wages

$11,177

Outgoings

$231

Telephone

$250

Insurance

$269

Electricity

$827

Misc1

$2,886

Coffee Kilos P/W

60

Total Expenses

$16,883

Estimated Stock (Additional)

$10,000

Equipment (Included)

$180,000

Net Profit

$7,051

Price

$498,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Bakery - Cafe - Takeaway

Business Code: F3479
Price: $498,000
+ Estimated Stock (SAV) $10,000

Key Features: Bakery - Cafe - Gold Coast QLD - Sales $33,000 p.w. Long lease Low rent

State: QLD

Location: Magnificent location close to beautiful esplanade waterfront and broad water on the Gold Coast. The bakery is within a high precinct area so the surrounding area is well serviced and maintained to a high standard by the local council.

Description

Bakery - Cafe - Takeaway selling pies, sausage rolls, pastries, cakes and a large range of patisserie products, also fresh bread, sourdoughs, bread rolls, freshly made sandwiches, coffee and wedding cakes, etc. Uses approx. 60 kgs. of premium coffee p.w. High gross profit margin 71 %. Uses approx. 70 bags of flour per week. Outdoor seating for up to 40 people.The weekly figures shown are excluding gst - Increased foot traffic over the weekends..

Summary

  • Features: Hot location in idyllic strip shopping centre location - Brand new 4 deck oven installed September 2023 - Plenty of external seating - Low weekly rent and long lease currently in place - Solar panels installed in May 2024. - The business is currently run under semi management
  • Potential: Great potential to increase sales for full-time hands-on working owners - either a couple - two partners or even a family with teenage children. This will help reduce the current wage weekly bill and help the business operate more efficiently.
  • Premises: Full bakehouse with rear door entry for deliveries, walk-in takeaway bar fully stocked adjacent to large coffee machine.
  • Trading Hours: 7 days - Monday to Friday: 5 am to 4 pm. Saturday & Sunday: 5 am to 3 pm. Baking Staff: 6:30 pm to 5 am.
  • Lease: Current lease expires on the 17.05.2026 + 2 x 3 year options , 3 month rental bond, - CPI annual rental increases.
  • Employees: Two owners work approx. 33 hours p.w. combined - staff is made up of 2 bakers - pastry cook - baristas - sandwich hands and casuals - approx. 20 staff working different shifts and hours.
  • Sale Reason: The current owners have other business interests.
  • Comments: The coffee machine is around 2 years old, and is top of the range, worth around $40K, however this is owned by the coffee supply company. For security purposes the business has an integrated CCTV system which provides visibility both inside and outside the bakery. Misc.- 1 -includes accountant fees - repairs and maintenance - outdoor seating fees - oven payments - solar panel payments.
    Company van included in the sale of the business. The equipment value stated of $180,000 is only a replacement estimate from the owner of the business. A small list of wholesale customers. Please under no circumstances is anyone to approach the owners or staff of the business, simply call your SBX broker for further information. You will be required to sign a 2 page confidentiality agreement to obtain financial information,
    GCC council Roadside Dining Licence / have use of adjacent takeaway to use roadside dining during day and approved by GCC and also have opportunity to extend current roadside dining space.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures exclude GST

Weekly Takings

$33,779

Cost of Goods

$9,845

Gross Profit

$23,934

Rent

$1,243

Wages

$11,177

Outgoings

$231

Telephone

$250

Insurance

$269

Electricity

$827

Misc1

$2,886

Coffee Kilos P/W

60

Total Expenses

$16,883

Estimated Stock (Additional)

$10,000

Equipment (Included)

$180,000

Net Profit

$7,051

Price

$498,000
+ Estimated Stock (SAV) $10,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.