- Self-managed
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LONG ESTABLISHED! GOLD COAST BAKERY GEM – CONSISTENT CASH FLOW – WIWO $190K
This is a rare opportunity to acquire a long established bakery that has been operating for over 30 years and is deeply embedded in its local community. The business is located within a busy, high traffic shopping centre in one of the Gold Coast's most desirable residential suburbs and benefits from having no direct competition, being the only bakery within its immediate trading precinct.
The surrounding area is well known for strong demographics, high household incomes and a stable residential population. These factors have supported consistent and reliable trading performance over many years. The bakery enjoys an excellent reputation for freshly baked breads, traditional bakery products and popular breakfast offerings, resulting in a strong base of loyal customers who return daily. Morning trade is particularly strong, driven by steady foot traffic and repeat patronage.
The business trades six days per week and is closed on Sundays. It achieves average weekly sales exceeding $20,000, with annual net profits close to $450,000. Performance has remained stable year after year, reflecting the bakery's position as an essential service for the local community.
A key highlight is the attractive lease arrangement and long standing landlord relationship. Rent is under $2,000 per week inclusive of outgoings, GST and promotional levies, offering a low occupancy cost relative to turnover and supporting strong profitability.
Operations are well structured and easy to manage. Baking is carried out by an experienced baker supported by part time staff, while a well regarded full time manager oversees front of house operations and customer service. The business maintains a warm, family oriented atmosphere that customers value and trust.
The sale is due to personal reasons only and not related to performance. There is clear potential for further growth through extended trading hours, additional product lines, catering or wholesale supply.
This opportunity is well suited to an owner operator, family buyer or 188A visa applicant. The vendor will provide a comprehensive handover and post settlement training to ensure a smooth transition.
Contact Henry Chow
| Amy WanAsking $190,000 WIWO
Ref. no. BUY2478
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
For more details, please email broker or call agents.
