08 8361 3074

Bakery - northern suburbs

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Business Description

  • Located north east of Adelaide on the outside of a busy shopping centre
  • Turning over $5,500 per week excluding GST
  • Trading 5 and half days
  • Everything made on site
  • Long established family bakery

A family run and owned business that opened in 1988 with a strong community involvement and great reputation.

In an easy to find location that offers good exposure.   Currently trading 5½ days – new owners could increase hours.

Constantly turning over above $5,500 per week (excluding GST) across 50 weeks for a number of years.  Offering a range of hot foods including pies, pasties and sausage rolls as well as a range of sweets and treats including donuts, scones, biscuits and more.

The current owners ready hang up their aprons and move towards retirement.

Melanie Winter 0408 085 932

Bakery - northern suburbs

Extended Price Information

Goodwill including Plant & Equipment $97,000
Stock at valuation (approx) $2,500
$99,500

Staff Summary

Two vendors and three casual staff

Lease Summary

Current Rent $2,746.75 per month + GST
Lease Term 5 years
Lease Commencement 1st March 2015
Current Rent 28th February 2020
Right of Renewal 1 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually