This Bakery/Cafe in Mudgee has achieved a level that many would be envious of and is a highly attractive acquisition to any purchaser looking at a regional location.
Why is this a consistent booming business??
• Established for over 30 years with strong local demand and limited competition.
• Mudgee’s strong economic standing is supported by the ongoing growth of the mining and renewable industries along with the well-established and prosperous agriculture and wine industries
• The area is also a desirable holiday destination in addition to its own thriving population.
• The consistent revenue line is boosted by the popular Café and booming catering income stream which contributes to an exceptional net profit.
Trading six days a week (CLOSED SUNDAY’S), the core business is generated from the retail bakery shop which sells a wide variety of cakes, pastries, and bread. With a turnover of more than $3.2Mill pa., including selling over $25k pw just in pies, add in the coffee sales and you have a recipe for ongoing success!!
Why consider this business??
• 15 year lease.
• Staff roster is well structured and efficient. Well-trained team. Currently operated by two owners, with a succession plan in place.
• The inventory is extensive and well maintained.
• The financial records show consistent sales growth year on year as well as strong margins ensuring this business offers exceptional RETURN ON INVESTMENT.
Bakery/Cafes as well set up and profitable as this this don’t come along that often and if you’re in the market for something special then this opportunity would be worth relocating for.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
5 x 5 x 5 – Commenced May 2021
CPI increases w. 3mths Bond
**Weekly**
Coffee Sales 55kgs – 60kgs
