BUSINESS DESCRIPTION
2011
Turnover : $750,588 PA
Net owner profit: $187,395 PA
Price Includes building
This bakery store has a long history of 42 years and has been owned by the same owner and is time to pass on to a new owner. A new owner doesnâ??t have to be a baker as thereâ??s already a system in place and bakers in place. Current owner mainly only manages in the business.
- Net profit $187,395 PA
- Massive positive sales growth
- Only 5 ½ days
- Property owned by the business. Well maintained freehold building = no landlord + ability to develop/expand further.
- Thriving country town
- Population still growing due to the Cadia Mines development.
- Mid-western highway/main street location with regular passing trade of trucks and travellers which form a good part of sales
-Opportunity for growth by extending trading hours and development of the cafe and sidewalk facilities
- Due diligence: P&L report, Property valuation report.
Reason for sale: Owner retiring after 42 years
#10852 Canaan Lim
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/10852
[The purchase to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf]