Listing #:4531237366
Turnkey Retail/ Commercial Bakery Opportunity
Location: | Central Hawke's Bay, Hawke's Bay |
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Seize the moment with this exclusive opportunity to acquire an amazing bakery business, deeply rooted in the Central Hawkes Bay community for an impressive 37 years.
Key Features:
• Legacy on Fast-Track Sale: With 37 years of legacy, this bakery is a cornerstone of the community, and the owner is determined to expedite the sale, offering a rare chance for a new owner to seamlessly take over.
• Modern Bakery Facility: Housed in a purpose-built, modern facility, the bakery is equipped with brand-new ovens and top-notch equipment, providing an efficient and productive environment.
• Experienced Staff Ready to Transition: A skilled team, including an owner-baker with 37 years of expertise, stands ready to ensure a smooth transition for the new owner.
• Steady Customer Base: A loyal customer base has been cultivated over the years, appreciating the high-quality products.
• Financial Stability on the Fast Track: With a robust financial performance boasting an income of $606,825 and a gross profit of $396,969, this business is on the fast track to new ownership.
• Immediate Growth Opportunities: The purpose-built facility and ample site space provide immediate growth opportunities.
• Addition of Range and inclusion of Coffee: potential to grow income is Significant.
• Lease Advantage: The current lease, with an annual rent of $37,000, is in place until 2024. Right of renewal or a new lease draft is pending, offering flexibility for the new owner to negotiate ongoing favourable terms.
• Owner's Support: The owner is committed to providing training and support, ensuring a seamless transition for the new owner.
Disclaimer: Due diligence processes will provide buyers with access to all relevant financial documents. Training available if required.
To find out more, go to linkbusiness.co.nz/HC00314 and press the “Enquire Now” button to complete an online confidentiality agreement.
Brian Priest, 021 222 2222, brian.priest@linkbusiness.co.nz
Agency reference #: HC00314
Key Features:
• Legacy on Fast-Track Sale: With 37 years of legacy, this bakery is a cornerstone of the community, and the owner is determined to expedite the sale, offering a rare chance for a new owner to seamlessly take over.
• Modern Bakery Facility: Housed in a purpose-built, modern facility, the bakery is equipped with brand-new ovens and top-notch equipment, providing an efficient and productive environment.
• Experienced Staff Ready to Transition: A skilled team, including an owner-baker with 37 years of expertise, stands ready to ensure a smooth transition for the new owner.
• Steady Customer Base: A loyal customer base has been cultivated over the years, appreciating the high-quality products.
• Financial Stability on the Fast Track: With a robust financial performance boasting an income of $606,825 and a gross profit of $396,969, this business is on the fast track to new ownership.
• Immediate Growth Opportunities: The purpose-built facility and ample site space provide immediate growth opportunities.
• Addition of Range and inclusion of Coffee: potential to grow income is Significant.
• Lease Advantage: The current lease, with an annual rent of $37,000, is in place until 2024. Right of renewal or a new lease draft is pending, offering flexibility for the new owner to negotiate ongoing favourable terms.
• Owner's Support: The owner is committed to providing training and support, ensuring a seamless transition for the new owner.
Disclaimer: Due diligence processes will provide buyers with access to all relevant financial documents. Training available if required.
To find out more, go to linkbusiness.co.nz/HC00314 and press the “Enquire Now” button to complete an online confidentiality agreement.
Brian Priest, 021 222 2222, brian.priest@linkbusiness.co.nz
Agency reference #: HC00314
Business buyer’s checklist
Asking price: $249,000
Listed: Wed 24 Jan, 10:27 am
Brian Priest
LINK Hawkes Bay Gisborne
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Contact details
- (07) 5794994
- (021) 2222222
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Expires: Wed 15 May, 8:18 am