Turnkey Bakery Business, Central Hawkes Bay Gem With $396,000 Profits, Don't Miss Out!
Overview: This is a rare opportunity to acquire a thriving bakery business with a rich history spanning 37 years. The owner is now ready to pass the torch, having built a modern, purpose-built bakery facility in response to increasing rents. With a prime location, dedicated customer base, and substantial growth potential, this business presents an enticing proposition for new ownership.
Key Features:
- Longstanding Legacy: The owner has dedicated 37 years to this bakery, establishing deep roots in the community and earning a loyal customer base.
- Purpose-Built Premises: The bakery is housed in a modern, purpose-built facility with a spacious shop front. It also boasts new ovens and high-quality equipment, providing an efficient and productive environment.
- Experienced Staff: The team includes an owner-baker with 37 years of expertise, a baker with 25 years of experience, a store manager with 3 years in the role, and three additional general staff members. This experienced staff ensures the seamless operation of the bakery.
- Steady Customer Base: Over the years, the bakery has cultivated a strong and regular clientele who appreciate the high-quality products.
- Financial Stability: The business maintains consistent financial performance with a Gross Profit nearly $400,000 The owner draws a good income rather than focusing solely on book profits, resulting in lower tax on income.
- Growth Potential: The purpose-built building and ample space on the site provide substantial growth opportunities in various market areas. The bakery's prime location with a large parking area caters to both customers and heavy transport needs.
- Lease: The current lease, with an annual rent of $37,000, is in place until 2024. The right of renewal or a new lease draft is available.
Training and Support: The owner is willing to provide training and support to ensure a seamless transition for the new owner, making this an ideal opportunity for both experienced and first-time business owners.
Don't miss this chance to acquire a well-established bakery business with a loyal customer base and significant growth potential. Bakery and shop in the Central Hawkes Bay District are on the market for the first time in 37 years. Act quickly to make this business your own and continue its legacy.
For more information and to discuss this unique opportunity, please contact us today.
Disclaimer: Due diligence processes will provide buyers with access to all relevant financial documents.
To find out more, go to linkbusiness.co.nz/HC00314 and press the “Enquire Now” button to complete an online confidentiality agreement.
Brian Priest, 021 222 2222, brian.priest@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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