Bakers Edge, West Beach

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Business Description

This bakehouse has that special sparkle that most other businesses seek.

Having made its mark by producing the old favourites with perfection and roasting their really good on coffee on site, this bakery continues to go from strength to strength.

Currently turning over in excess of $20,000 per week and now spread across three very well fitted out shop fronts, customers can enjoy a range of seating options (up to 56) inside or outside.

The vendor started the business in 2006 and it has been in the current location since 2011. Bakers Edge currently employs around 21 people.

The vendor works on site approximately 10 hours per week conducting meetings and roasting coffee, the rest of the time the business is run remotely.

With good food and great service this bakery has an outstanding reputation and a huge following.

At a glance

  • Trading 7 days per week
  • Turnover in excess of $20,000 per week
  • Current vendor works on site 10 hours per week.
  • Coffee roasted on site and beans sold to take home
  • Current rent $5,051 + GST spread over 3 leases
  • Stone's throw from the beach
Melanie Winter 0408 085 9323

 


Extended Price Information

Goodwill including Plant & Equipment $530,000
Stock at valuation (approx) $10,000
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$540,000


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Staff Summary

One vendor working approximately 10 hours per week and 21 casual staff

Lease Summary

Current Rent
Current Rent
Current Rent
Current Rent
Current Rent
Current Rent
Current Rent
The business leases three shop fronts and more details on the leases are available within the business profile.

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Plant & Equipment

Written Down Value of Plant (approx.) $179,902
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