Bakery Cafe Money Maker Owners Profit $293,000 PA
Listing: #EL01662About this Business for sale in Hawkes Bay
Bakery Cafe Money Maker Owners Profit $293,000 PAEstablished Hawke's Bay Bakery and cafe with an excellent reputation for quality and service taking circa $30k per week and owners cash Surplus of $293,000 per annum after all expenses
Year to date turnover and profit ahead of last year.
Situated in thriving business and residential area with loyal support from locals and visitors alike.
The business is separated into a standalone bakery - producing for the retail outlet and growing wholesale trade and a retail outlet and cafe with seating both inside and outside in very high pedestrian zone with a pleasant outlook and ample parking for its customers.
Experienced and loyal staff
Quality and well maintained plant and equipment
Genuine opportunities here to grow the business further with existing plant.
This business is showing good growth with no marketing,
The reason to sell is genuine and the owners will ensure a smooth transition to an incoming purchaser. Keen vendor.
Accountants figures available to genuine purchasers.
Asking price $735,000 includes stock of $40,000
*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.