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Business Details
Code:
RB517
Business Type:
Bakery
Area:
Redland Bay
Established:
Over 20 years
Lease:
expires June 2022 + November 2021 + 3-year option
Rent (excl GST):
$3,931 per month + $1,068 per month outgoings
Trading Hours:
Mon to Fri 5.30am - 5.00pm
Saturday 5.30am - 3.00pm
Sunday 5.30am – 2.00pm
No of Staff:
4 casuals - required!
Vendor Hours:
2 Vendor's work in the business on a full-time basis
Approx Turnover(excl GST):
$9,000 - $11,000 per week. Minimal wholesale!
Reason for Sale: Other interests
      General Information

The independent bakery is located at 160 Broadwater Terrace in the Redlands Bay business
precinct. (More info on Redland Bay below)

Idyllic location on a very busy road to the ferry terminals for the Bayside islands.
Parkland and water views.

Current business was established approximately 20 years and is considered a local Redland
Bay icon!


Features include:

Business size is 110m2 + a very large, under awning, alfresco area

Permitted use – Bakery Café including snack bar, retail sale of ice cream, pork rolls,
filled sandwiches, pies, sausage rolls, and hot and cold beverages

Well-appointed fit-out with an extremely large baking / preparation area.

Coffee machine is owned by the business (2 - 3 kg per week)

NO FRANCHISE FEES TO WORRY ABOUT!!!

Range includes: Bread, Award winning Pies, Slices, Cakes, Coffee. Cold drinks

Approx. Product Mix: 35% bread, 50% pies, 15% cakes and drinks

Cost of goods approx. 35%

SAV approx. $5,000

Potential includes:

The cafe side of the business could be promoted e.g. more breakfast and lunch offerings
taking advantage of the alfresco seating arrangement - plenty of passing trade!

Introduction of catering – great facility to expand into

Introduction of wholesale offering


Ideally suited to an owner /operators who could potentially realize $150,000 + profit per
annum EBITDA


Financials available


For more information, please contact:
Reg Butler
0438 189 657


Redland Bay is some 35 km south-east of Brisbane with a population of 15,000 people. the
town is named for the bay it sits on, which forms part of larger Moreton Bay.

Redland Bay has remained a farming and fishing-based area until the mid-20th century when
some of the farms were subdivided and improved transport infrastructure made it possible
for residents to commute the 35 kilometres into Brisbane.

The town has long been the port for vessels plying the bay islands. These islands include
Russell Island, Macleay Island, Karragarra Island, Lamb Island and North Stradbroke
Island, home to several thousand residents enjoying an idyllic, sub-tropical lifestyle.
Asking Price:
$149,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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