ID:

Wholesale – Catering – Cakes – Desserts

Australia
Price: $159,000 For Sale
Bakery
  • 264
  • 0
  • Takings (p/w): $12,000
  • Rent: $1,000
  • Net Profit: $2,500

Description

Wholesale factory baking and cooking a variety of whole cakes and dessert cakes. pasta , sliced cakes to over 30 cafes, cake shops in Sydney. – Full baking equipment includes 2 large ovens and 4 plate gas wok. – 2 coolrooms – 5 fridges.Owner does not work at business, just management new experienced couple could make much more money.

Potential

Experienced baker could save on wages - huge potential for marketing cafes, restaurants, cake shops - Could open a new shop downstairs in the same building.

Features

Well established - Regular clients. - Ideal location

Premises

Two storey building with an area of 200 sq. mts. including upstairs office, storage, toilet, and downstairs factory with baking and cooking equipment.

Location

Situated on busy main road amongst cafes, restaurants and retail in Inner West.

Trading Hours

6 days - 6.00 a.m. - 3.30 p.m. - closed Sunday.

Lease

Current lease expires 2020 - 3 month bond - 3% C.P.I.increases - Landlord has offered a 5 year extension of lease.

Sale Reason

Private reasons

Employees

1 owner + 4 fulltimers

Comments

Two storey building with plenty of rooms to add more baking. - Huge potential for an experienced baker - Motivated vendor - A must inspection.

Additional Information

Weekly Takings: $12,000
Cost of Goods: $3,600
Gross Profit: $8,400
Rent: $1,000
Outgoings: NA
Wages: $3,500
Telephone: $300
Insurance: NA
Electricity: NA
Gas: $100
Miscellaneous 1: $1,000
Miscellaneous 2: NA
Total Expenses: $5,900
Net Profit: $2,500
Estimated Stock: $3,500
Equipment: NA
Annual Turnover: $624,000
Net Profit Margin: 20.8%
Return Of Investment: 1.2 year(s)
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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