Gold Coast Lunch Bar/Bakery 5.5 Days a Week

AU$330,000.00Price

Big Price reduction to $330,000 + stock! It’s very hard to find quality like this. A very simple systemized, profitable business that doesn’t bake bread so easy to run. This Powerful Business ticks all the boxes, approximate Netting $200,000.00 plus, on the books. The last two quarters of the year showed a net profit to the owner of $105,058.18 in the quietest time of year.

 

This business continues to increase sales every month over the last two years. For those of you that are just looking at buying a business for the first time let me explain why this is a great business.

This is the most profitable Lunch bar Bakery I have seen in 20 years.

 

1.   The husband does 17.5 hours,  the wife does 27 hours per week both have finished work for the lunch date by 12.00 noon 5 days per week, the business system can operate without a baker.

 

2.  Position, great traffic flow and right next to a huge commercial precinct fuelled by a service station and the only bakery in the area.

 

3.   A very long lease to September 2021 + 2 x 3 year options and rent at $2,263.75 including outgoing and GST per month, 40m2 + 70m2 outdoor seating area. The turnover to Rent percentage 3.8 %  this is very impressive, I doubt you could find this anywhere on the Gold Coast.

 

4.   Trades 5.5 days per week Gross margin on the product a huge 60%.

 

5.   All retail trade over the counter no accounts all suppliers paid C.O.D.

 

6.   Closed for Eater Closed for Christmas and owners take at least 3 weeks holidays away each year.

 

 

This is a very good buy, huge family benefits, no grocery bill for the family here, plenty of time off and very low overheads.

 

For an Information Memorandum, click here to complete the Confidentiality Agreement 

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