Bakery-Price Reduced AGAIN-Quick Sale Wanted!!!
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About this business for saleBakery-Price Reduced AGAIN-Quick Sale Wanted!!!
Vendor will consider a VERY LOW walk-in walk-out offer!!!
The owner has operated the business since Nov 2016. Due to a family reason, the vendor desperately needs to sell this business.
This well-established & reputed bakery cafe in CBD has been serving the Wellington community with baked goods of the highest and freshest quality for over 40 years.
It is a quality bakery with coffee, milk shakes and various baked goods including their wide range of bakery items, pies, sandwiches, bagels, cakes, slices, donuts, and more.
Fully equipped kitchen. Currently operating 5 days - Monday to Friday from 7:00 am to 3:00 pm. Run by one full time baker, 3-4 part time staff work in the kitchen and FOH. The owner also works a few hours.
There is potential for a new owner to grow and improve sales even further as there have been many many requests for the bakery cafe to open 7 days and also evening trade.
This business presents itself as a great H&W or partnership opportunity, with better management profit will increase.
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.