World Famous Sheffield Pies!
Listing: #CS00761About this Business for sale in Canterbury
World Famous Sheffield Pies!There are no introductions needed if you are in the industry or have traveled the South Island. Sheffield Pies have been synonymous for great pies for 4 decades. This business has it all - a premium brand you can't replicate in terms of longevity and reputation, and it is profitable.
For sale is the Commercial Bakery & two cafes - Two locations
1) Sheffield Pie Shop - the original site of the famous bakery & cafe, and now a very busy cafe which has had recent renovations including outdoor seating. Located in Sheffield.
2) Oxford Bakery & Cafe - the owners needed a larger commercial bakery to cope with the growing demand and moved the bakery from Sheffield to a larger site 20mins away in Oxford. A recently refurbished adjoining cafe is the second retail outlet for the bakery produce. There is an office at the rear which is in a studio apartment and could work for accommodation for an out of town owner.
- 2022 fy combined revenue for the bakery and two cafes an enviable $4,873,228 ex. gst
- This financial year - 1st April - 30th Sept 2022 - $3,200,000 ex gst, so on target to smash 2022 sales.
Lock it on to an existing FMCG/hospitality business, or continue as an owner operator business and enjoy a fantastic lifestyle in the beautiful scenic location.
***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.
#canterbury #food #hospitality
Inquiries from interested parties and their professional advisors are invited. Due to the nature of this business and the significant intellectual property, this will be a 2 stage process;
In Stage 1: Potential purchasers will be qualified by LINK after completing our standard Confidentiality Agreement.
In Stage 2: LINK at its absolute and sole discretion will decide which interested parties will proceed further with the sale process, and only then will they be provided with an Information Memorandum. After reviewing the Information Memorandum, interested parties may request site visits and access to management. Other reasonable requests will be considered.
*Profit: 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.