Bakery - Cafe - Takeaway selling pies, sausage rolls, pastries, cakes and a large range of patisserie products, also fresh bread, sourdoughs, bread rolls, freshly made sandwiches, coffee and wedding cakes, etc. Uses approx. 60 kgs. of premium coffee p.w. High gross profit margin 71 %. Uses approx. 70 bags of flour per week. Outdoor seating for up to 40 people.The weekly figures shown are excluding gst - Increased foot traffic over the weekends..
PotentialGreat potential to increase sales for full-time hands-on working owners - either a couple - two partners or even a family with teenage children. This will help reduce the current wage weekly bill and help the business operate more efficiently.
FeaturesHot location in idyllic strip shopping centre location - Brand new 4 deck oven installed September 2023 - Plenty of external seating - Low weekly rent and long lease currently in place - Solar panels installed in May 2024. - The business is currently run under semi management
PremisesFull bakehouse with rear door entry for deliveries, walk-in takeaway bar fully stocked adjacent to large coffee machine.
LocationMagnificent location close to beautiful esplanade waterfront and broad water on the Gold Coast. The bakery is within a high precinct area so the surrounding area is well serviced and maintained to a high standard by the local council.
Trading Hours7 days - Monday to Friday: 5 am to 4 pm. Saturday & Sunday: 5 am to 3 pm. Baking Staff: 6:30 pm to 5 am.
LeaseCurrent lease expires on the 17.05.2026 + 2 x 3 year options , 3 month rental bond, - CPI annual rental increases.
EmployeesTwo owners work approx. 33 hours p.w. combined - staff is made up of 2 bakers - pastry cook - baristas - sandwich hands and casuals - approx. 20 staff working different shifts and hours.
CommentsThe coffee machine is around 2 years old, and is top of the range, worth around $40K, however this is owned by the coffee supply company. For security purposes the business has an integrated CCTV system which provides visibility both inside and outside the bakery. Misc.- 1 -includes accountant fees - repairs and maintenance - outdoor seating fees - oven payments - solar panel payments.
SBX IDF3479