BAKERY, Highly Profitable! KAIKOURA
Listing: #CS00799About this Business for sale in Kaikoura
BAKERY, Highly Profitable! KAIKOURAKaikoura Bakery LOCATION is FANTASTIC!
Located on State Highway 1, about halfway between Christchurch & Picton, the bakery is perfectly positioned and highly visible attracting a broad range of customers.
The beauty of this business is the simplicity...it is a 'grab and go' setup, offering awesome kiwi baking which appeals to a broad customer base.
Service is swift (important for many travelers), and with great systems in place, it is a well-oiled business. The owners are happy to offer a thorough hand over period to ensure a smooth transition.
BUSINESS HIGHLIGHTS
- Discretionary Earnings of around $500,000 for 2023 FY - this is a cash cow!
- Good lease terms
- Great team in place
- Owners at the helm for over 9 years, ready to sell
Kaikoura is a busy township with a vibrant community (fishing, farming, tourism), and has 10's of 1000's of visitors passing through every year, and the Bakery is in a prime position to service customers quickly and easily.
A rare and very exciting opportunity. Call me for more information.
$1,070,000 plus stock approx. $70,000
***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.
*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.