Baker - Franchise

Business Code: F3237


Key Features: Popular franchise

State: NSW

Location: Great location close to major supermarket chain and other prominent retailers .

Description

Bakery franchise selling premium breads, rolls,pastries both sweet and savory,crusty and soft. - Products are baked fresh daily. - Uses 160 bags of flour per week - Recently refurbished - In house training is provided by the franchisor with detailed information systems in place. - Excellent selling price offered by owner as new sites can cost around the $500,000 mark with no guarantee of any success. - Two Page confidentiality agreement executed is required before address is given.

Summary

  • Features: New upgraded fit out. - Long lease. - Hot location. - Run under management. - Same owner nearly ten years. - Full financials. - Highly sort after franchise system. - High margins. - 700 franchises world wide.

  • Potential: Owner can work as many hours in business as they wish to increase bottom line profits.

  • Premises: Fully equipped in very good condition plus 10 sq.mt. storage offsite.

  • Trading Hours: 7 days - 7.00 a.m. to 6 p.m. - Thurs to 8 p.m. -

  • Lease: Current lease expires 30.06.2024 - 4 % annual rental increases - 3 month bond.

  • Employees: Two owners + one Manager + 4 full time employees + 4 part timers + 13 casuals

  • Comments: Managers and some staff wages of $2000 p.w. have been added back to show profit for two working owners with wages of $6200 per week. - A family could make even more by further reducing wages. -

Weekly Summary

Weekly Takings
(inc GST)

$20,500

Cost of Goods

$4,000

Gross Profit

$16,500

Rent

$2,230

Wages

$6,200

Outgoings

$285

Telephone

$60

Insurance

$40

Electricity

$485

Misc1

$1,742

Misc2

$458

Total Expenses

$11,500

Estimated Stock (Additional)

$10,000

Net Profit

$5,000

Price

$498,000

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