LONG ESTABLISHED! GOLD COAST BAKERY GEM – CONSISTENT CASH FLOW – WIWO $190K

$190,000
Description

LONG ESTABLISHED! GOLD COAST BAKERY GEM – CONSISTENT CASH FLOW – WIWO $190K

- 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 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 0421 040 857 | Amy Wan 0498 229 813

Asking $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.

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    Real Estate Agent's
    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!
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    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.
    Read More

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