Vendor Funding Available. Major Wholesale Bakery and Cafe. Sales of $4m+
Here is a rare opportunity to acquire a well-known and well-established Auckland wholesale bakery and cafe business. For the right buyer (and appropriate security) there is up to 50% of the purchase price available as Vendor Funding.
The business has been running for over 10 years and enjoys a fabulous reputation, an impressive wholesale customer list, and a superb site and fit-out. Sales here are a deeply impressive $4m per annum with the bakery side of the business accounting for around 58% of these sales.
BUT … there is a problem here. The costs are just too high! Really it's the wages. This needs someone that can better control a large operation and, especially, the cafe side of the business.
There is an incredibly long lease in place (to 2044) and the opportunity for growth is impressive. Plans are available that show a clear expansion plan.
There is a great team of staff in place and a Head Baker with a huge wealth of experience in the sector.
BUSINESS HIGHLIGHTS
- Massive lease to 2044!
- Over 100 wholesale customers
- Huge amount of assets with good, depreciated value
- Huge sales of over $4m
- Great staff contingent
- Massive amount of intellectual property
- Huge growth opportunities
THE PRICE
I have been selling hospitality businesses for over 14 years now and, long ago, I lost count of the number of hospitality businesses I have appraised for the market. This one, though …. well, I just don’t know how much it’s worth and that’s where you come in!
A price cannot be calculated based on the financial results of this business. There is significant value here, however. Massive sales ($4m), a wealth of talent, huge levels of intellectual property, a super strong lease, a great site / fit-out. It’s all here! Now it needs a new captain to steer this huge ship!
I am seeking OFFER FROM $700,000 to acquire this phenomenal business and opportunity.
WHO WILL BUY THIS?
You will buy this if you are someone that relishes a challenge. Someone with entrepreneurial flair that can see the huge growth potential that this important business offers. You do not necessarily need a bakery background but you are someone capable of running a large team of staff and directing a major hospitality operation.
Do let me know if this could be of interest and I’d be happy to chat through it in more detail. I have an Information Memorandum available so click the ENQUIRE NOW button to complete a Confidentiality Agreement.
Asking price: OFFERS FROM $700,000
Nick Giles, 021 676 832, nick.giles@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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#cafe #wholesale #bakery #opportunity #hospitality
