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Price Drop! Established Wholesale Bakery - Hunter Region, NSW

Listing Id : 275214

Location : New South Wales - HEATHERBRAE

Category : Bakery, Wholesale Distribution, Wholesale Distribution

Asking Price : 345,000

Business description

Business ID: BS142153 Significant Plant and Equipment included. Average Income to Owner $190K+ Sale Price $345,000 Established over 15 years and located in Heatherbrae (NSW) this wholesale bakery has annual sales of around $1m and has room for significant growth with no further investment in equipment required. The purchaser of the business has the option to purchase the premises. The premises have been expertly setup and significant investment has been made in excellent equipment to maximise production and minimise labour costs. The business is HACCP accredited. -Over $1m has been invested in modern equipment -HACCP Certified -Est customer network with many repeat buyers -Opportunity for additional manufacturing contracts -All recipe IP included -Extensive premises with easy access -Close to major locations, Newcastle, Hunter Valley and Port Stephens. -Council Zoning allows 'Caretakers' accom on site. -30kw Solar installation minimises electricity costs -A new lease will be put in place for a purchaser not wishing to buy the premises as well. Due to personal circumstances the owner would either prefer a quick handover period or to remain with the business as an employee for a minimum period of 12 months. This business is well suited to an owner operator or family operation. The investment in assets makes this a 'low risk' acquisition. The business has grown to its current level of sales through word of mouth and referrals - no marketing has been undertaken over the last 9 years. We feel that there is significant opportunity for growth through investment in social media marketing and / or direct sales. The assets and goodwill of the business are for sale for $345,000. Stock on hand will be an additional cost and this is usually held at a level between $60K and $100K. The freehold of the property can also be purchased for $795,000.

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