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Bannockburns Booming Bakery For Sale

Geelong, Victoria
Asking Price:
$195,000 + SAV | FURTHER PRICE DROP (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Are you looking for a successful bakery working part-time hours? On offer with a "further price drop" 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)

What does the business offer?

The only bakery in town: 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.

Location and parking: the bakery is open seven days a week and ideally located in the shopping hub of the town with ample parking for local and passing trade.

Multiple sales streams: 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.

Experienced bakers and staff: 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.

Continued growth to come: 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.

Opportunity to expand: 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 and Due Diligence or contact;

Finn Business Sales
Geelong and South West Victoria

Broker: Alan Wood | Mob:

* Pictures used are for advertising purposes. Actual business images may not be shown.

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