Freehold Bakery, Café and 4 Bedroom Home with Lake Views

Price: $2,640,000 + Stock
Freehold Bakery, Café and 4 Bedroom Home with Lake Views – Newcastle area

Key Sale Highlights

Business Overview

This opportunity offers incredible value for foodies who want to enhance their property portfolio and also may want a family home on the same block as the business (which is completely detached).

The business and property are located in Lake Macquarie 30 minutes south of Newcastle. The Foreshore Park and lake are directly across the road.

What is for sale? A wholesale/retail bakery with office, amenities and an adjoining but separate café/kitchen with seating areas plus an amazing deck overlooking the lake. No expense has been spared with the fit out.

There are several options here and several income streams. If you want a business with property here it is. The home is a bonus that you can use to live in, rent out or Air B&B for income.

The business provides approximately $250,000 in adjusted net profit income to the owner plus rental income of $70,000 – $320,000 to himself for EOFY2023. The house is basically being used with no income.

KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:

• EOFY2023 Revenue over $1,940,000
• EOFY2023 Adjusted Net Profit after owners wage = $250,000 +
• Allowing the business to pay rent at $70,000 (as additional income)
• Included assets/valuation of $460,000
• Freehold property includes both businesses and a 4 bedroom home with parking
• Rent out the property as an air B & B and earn even more income.

If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

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