ABOUT THIS BUSINESS
The independent bakery is located in the Redlands Bay business precinct. (More info on Redland Bay below)
Idyllic location on a very busy road to the ferry terminals for the Bayside islands. Parkland and water views.
Current business was established approximately 20 years and is considered a local Redland Bay icon!
Lease expires June 2022 + 3-year option (Additional options neg.)
Rent (excluding GST) is $3,931 per month + $1,068 per month outgoings
Business size is 110m2 + a very large, under awning, alfresco area
Permitted use Bakery CafÃ© including snack bar, retail sale of ice cream, pork rolls, filled sandwiches, pies, sausage rolls, and hot and cold beverages
Well-appointed fit out with an extremely large baking / preparation area. New 4 door commercial freezer and Pastry sheeter (Cost $11,000)
Coffee machine is owned by the business (Approx 3 kg per week)
2 Vendor's work in the business on a full-time basis, together with 4 casuals
Mon to Fri 5.30am - 5.00pm
Saturday 5.30am - 3.00pm
Sunday 5.30am 2.00pm
Approximate Turnover (excluding GST) $12,000 +++ per week
NO FRANCHISE FEES TO WORRY ABOUT!!!
Range includes: Bread, Award winning Pies, Slices, Cakes, Coffee. Cold drinks
Approx. Product Mix: 35% bread, 50% pies, 15% cakes and drinks
Cost of goods approx. 35%
SAV approx. $5,000
The cafe side of the business could be promoted e.g. more breakfast and lunch offerings taking advantage of the alfresco seating arrangement - plenty of passing trade!
Introduction of catering great facility to expand into
Introduction of wholesale offering
Ideally suited to an owner /operators who could potentially realize $150,000 + profit per annum EBITDA
For more information, please contact:
0438 189 657
Redland Bay is some 35 km south-east of Brisbane with a population of 15,000 people. the town is named for the bay it sits on, which forms part of larger Moreton Bay.
Redland Bay has remained a farming and fishing-based area until the mid-20th century when some of the farms were subdivided and improved transport infrastructure made it possible for residents to commute the 35 kilometres into Brisbane.
The town has long been the port for vessels plying the bay islands. These islands include Russell Island, Macleay Island, Karragarra Island, Lamb Island and North Stradbroke Island, home to several thousand residents enjoying an idyllic, sub-tropical lifestyle.