Bannockburns Booming Bakery
Bannockburns Booming Bakery
Are you looking for a successful bakery working part-time hours? On offer is an established bakery that is the heart of a local town producing a gross turnover of $880,000 a year and a stable income for the owner.
This busy bakery is situated just 25mins from Geelong CBD, established back in 2007 it has been supplying the local community and passing trade with daily fresh bread, rolls, pies, scrolls, cakes/slices, sandwiches and coffee seven days a week. Priced to sell fast as the owner is keen to move on.
The key business features are:
• The only bakery in town.
• Location and parking.
• Multiple sales streams.
• Experienced bakers and staff.
• Continued growth to come.
• Opportunity to expand.
What does the business offer?
Being the only local bakery in town means there is no direct competition, resulting in the business being the destination for all freshly baked goods. Open seven days a week and ideally located in the shopping hub of the town with ample parking for local and passing trade. The bakery supplies baked goods and catering needs to the local and surrounding area pubs, general store, the local football club, local council and Western Agriculture. They also provide daily lunches, and catering needs to the local primary school and each year provide the supplies for the Meredith and Golden Plains festivals.
There are full-time bakers and full-time sales staff that have been with the business for some time. The team have allowed the current owner to work part-time within the business. the business is very well placed within the community and will continue to grow with an expected population growth of 7.2% per annum (ABS 2016), over the next 15 to 20 years. Further support will come by the Victorian Government commitment of $500,000 for stage one of the Bannockburn town heart, a project forecast to boost retail spending in Golden Plains Shire by 6 million a year (October 30, 2017). Golden Plains Shire will also contribute $800,000 to the project and the Federal Government $1.2 million. New owners could look at expanding into the wholesale supply.
If you are looking for that ideal opportunity to get into an established and successful bakery that can offer work-life balance and a solid return working part-time hours, or if you want to get in and operate the business to capitalise on the town’s growth, then enquire now.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile, Market Review.
Price $195,000 + SAV | Under Offer
Finn Business Sales
Geelong and South West Victoria
Office: (03) 5259 9970
Broker: Alan Wood | Mob: 0400 792 811 | firstname.lastname@example.org | visit us at geelong.thefinngorup.com.au