LONG ESTABLISHED, HIGHLY PROFITABLE & OVER MILLION ANNUAL SALES IN GOLD COAST

Posted by: Henry Chow | February 13, 2025

$425,000 + SAV

Description

LONG ESTABLISHED, HIGHLY PROFITABLE & OVER MILLION ANNUAL SALES IN GOLD COAST

- Gold Coast QLD

Short Summary

Long established, highly profitable & famous bakery shop, independently operated 6 days per week and a popular daily destination for the locals.

Key Selling Points

Established brand
Low Overheads
Low Stock requirements
Low working capital requirements
Cashflow Positive
Cash Cow!
Strong year to year Profits
Long Term Lease in place
High Profit Margins
No Competition
90% Repeat Work
Best Location
High foot traffic location
High visibility location
No weekend work!

This long established bakery nested in one of the most popular suburbs of the scenic Gold Coast and just 3 km off from Surfers Paradise. The suburb is known for its upscale waterfront properties and tranquil living environment. The bakery shop is located in the vibrant heart of Gold Coast and is situated in one of the bustling shopping centres where the business has no direct competition being as the only bakery in the proximity.

The business has been there for over 30 years and become an Essential Service for the locals with stabled and continued daily cash flow is almost assured. With a reputation for delicious, freshly baked breads and hearty breakfasts, this beloved bakery has built a strong, loyal following among locals and visitors alike who simply can’t get enough of the daily-crafted goodies.

The business trades 6 days weekly (close on Sunday) and regularly catches the morning rush and fills the high-traffic area with the irresistible aroma of baked goods, drawing in a steady stream of foot traffic. Perfectly positioned in a bustling precinct, it’s a natural magnet for both new and returning patrons. A cozy, family-run business, it offers a warm, welcoming vibe that customers adore. Year after year, this bakery has shown stable, reliable performance of over $20K as averaged weekly sales with annual netting of close to $600K setting up a strong foundation for the next owner to build on.

Given with its long standing history, the shop has a great relationship with the landlord who supports this business with a reasonable weekly rent of less than $2,000 (inclusive of O/G, GST & Promo). Presently the owner’s son is the main baker supported by a couple of part-time bakers and a full time manager, who is loved by the customers, overseeing the front end of the business operations.

Although the owner is unwilling to offload, due to personal reason he has decided to find a passionate individual or family to take the reins and carry on this beloved bakery’s legacy. There’s plenty of room for a new owner to take things up a notch such as extended hours or fresh product lines for even more growth potential.

This business is perfectly suitable for 188A visa applicant and the owner has committed to offer an easy handover and post settlement tuition.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $425,000 + SAV

Ref. no. BUY2478

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. 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(3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. 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Property Features

Real Estate Agent's

About
Bio
Recent Listings

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

About
Bio
Recent Listings

Amy Wan

0498 229 813

Fluent English, Cantonese, Mandarin. Amy started her property consultancy career in 2001 and worked with a very prominent real estate agency with over 500 branches across China. During that time, she was based in Shenzhen China and was fortunately and repeatedly selected as the “best saleswoman of the year”. Amy started her own Real Estate business in 2005 and had two branches in one suburb in Shenzhen with around 30 sales persons working for her. She successfully built up the business to being one of the major players in the area with annual turnover of approx. AUD$2million. Her working philosophy is to nurture rapport with all her buyers and sellers and continuously connect with them even long after their related sales transactions are finished. Besides, she always likes to help them with non-business matters and treat them like her friends. As a result, she has successfully built up a network of connections with most of her businesses based on referrals. Amy has a deep and well connected network within the Chinese community both locally and abroad and seems to magically find buyers for every business whether it’s for her own client or one of our other team members! Amy is a highly motivated person and looks forward to helping connect you with the right results.

Henry Chow February 13, 2025 Comments Off

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LONG ESTABLISHED, HIGHLY PROFITABLE & OVER MILLION ANNUAL SALES IN GOLD COAST

Description

LONG ESTABLISHED, HIGHLY PROFITABLE & OVER MILLION ANNUAL SALES IN GOLD COAST

- Gold Coast QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Henry Chow

Amy Wan

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