Link Business
*** SOLD ***

BAKERY, Highly Profitable! KAIKOURA

Listing: #CS00799
price

$1,140,000

Profit

$500,000

sales

industry

Kaikoura

Industry

Food / Hospitality



About this Business for sale in Kaikoura

BAKERY, Highly Profitable! KAIKOURA

Kaikoura 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.

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.