Hervey Bay's Busiest Bakery

Industry: Food/Hospitality - Bakery | Listed by: For Sale By Owner

KEY STRENGTHS


ABOUT THIS BUSINESS

Locally owned & operated, Top of the Bay Bakery was established over 18 years ago, selling their award winning pies and voted Fraser Coast's Best Bakery for consecutive years.

Situated in one of Hervey Bay's Prime locations with a very high traffic exposure,
it is within close proximity to Hervey Bay's sporting facilities and schools.

The shopping complex has recently undergone a major overhaul, bringing a fresh new street appeal, more shops & parking and the potential of even more growth.

As part of the renovation to the complex, the business was relocated to a bigger premises, allowing the owner to plan the fitout of the bakery with automatic opening/closing doors, zoned ducted air con, rear entry access, security cameras and its own restroom with storage lockers.

The front of shop has all new display cabinets and display shelving for breads, pies, cakes & pastries.
Also installed is a semi-automatic coffee machine with plumbed water and waste.

The rear of the shop has a 2.5m x 2.5m walk-in coldroom with storage, stainless steel wet areas & composite cladded walls. The rear entry access is fitted with double security doors.
A full list of plant & equipment is available.

18 staff are in place, including bakers.
This long standing business is family owned & operated and is open 7 days a week.

Turnover
$1.4million per annum on average

Net profit
Over $300,000

Growth potential
Last 6 months show an increase of well over 30%

Lease
7years then 5x5
Lease commenced 1 May 2020

Full financials to December 2020 are available.

The Phone Code for this property is: 81673. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

How much can you borrow?
We can help

Business Name / Ref

Contact Advertiser

Asking Price

$750,000


Revenue


Year Established


No. of Employees

-


Gross Profit


Fixtures


Stock


Lease


Trading Hours


Website


Contact Details

Location

19 William Street
Balaclava, Victoria
3183, Australia

Advertiser Details

For Sale By Owner

Location

19 William Street
Balaclava, Victoria
3183, Australia

Close

All Comments

Hervey Bay's Busiest Bakery ListingImage
About this business
Locally owned & operated, Top of the Bay Bakery was established over 18 years ago, selling their award winning pies and voted Fraser Coast's Best Bakery for consecutive years.

Situated in one of Hervey Bay's Prime locations with a very high traffic exposure,
it is within close proximity to Hervey Bay's sporting facilities and schools.

The shopping complex has recently undergone a major overhaul, bringing a fresh new street appeal, more shops & parking and the potential of even more growth.

As part of the renovation to the complex, the business was relocated to a bigger premises, allowing the owner to plan the fitout of the bakery with automatic opening/closing doors, zoned ducted air con, rear entry access, security cameras and its own restroom with storage lockers.

The front of shop has all new display cabinets and display shelving for breads, pies, cakes & pastries.
Also installed is a semi-automatic coffee machine with plumbed water and waste.

The rear of the shop has a 2.5m x 2.5m walk-in coldroom with storage, stainless steel wet areas & composite cladded walls. The rear entry access is fitted with double security doors.
A full list of plant & equipment is available.

18 staff are in place, including bakers.
This long standing business is family owned & operated and is open 7 days a week.

Turnover
$1.4million per annum on average

Net profit
Over $300,000

Growth potential
Last 6 months show an increase of well over 30%

Lease
7years then 5x5
Lease commenced 1 May 2020

Full financials to December 2020 are available.

The Phone Code for this property is: 81673. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$750,000