Bakery Food/Hospitality Business for Sale

Newcastle 

$900,000

    Contact the agent if you'd like further information.

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    Bakery Food/Hospitality Business for Sale in Newcastle

    Fantastic Opportunity to Own a Wholesale/Contract Bakery Manufacturer - Wide Range of Savoury & Sweet Products

      A well-established wholesale/contract-bakery manufacturer specializing in sweet and savory products including cakes, slices, biscuits, pies/tarts, pastries, puddings & a selection of gluten free products.

      Location Details
      Thriving industrial area near Newcastle.

      Potential
      This patisserie has a well-established client base with significant contracts in place for FY2018.

      There is a great opportunity to expand the business by adding new product lines and/or increasing operational hours.

      The business has plenty of room for additional growth with space on-site and the manufacturing capabilities to increase the output.

      Skills
      Baking experience is a bonus, but not essential. The business is successfully run by an operations manager. The current owner spends most of the time overseeing the business.

      Lease
      The owner is willing to offer the premises as leasehold, however, there is an option available to acquire the freehold.

      Hours
      Currently trading 5.5 days a week with day and afternoon shifts.

      Employees
      14 staff employed.

      About the Business
      This wholesale bakery manufactures all the products on-site which are either fully or partially cooked and then frozen for distribution.

      There are several areas for expansion that a purchaser could explore further, including expanding the gluten-free and specialty product ranges.

      The business is heavily mechanicalised and has an extensive range of equipment to manufacture baking products, with an estimated value of $900,000. In addition, included in the asset listing are 5 refrigerated delivery vans.

      Some great facts about this business:

      • Thriving industrial location
      • Broad range of clients with significant contracts in place
      • Well trained staff
      • Extensive growth opportunity

      For more information on this exciting opportunity, please contact the undersigned:

      Richard Ames
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0421 490 501 T: 1800 858 696 E: richard.ames@raywhite.com

      Or

      Mark Levitt
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0431 004 488 T: 1800 858 696 E: mark.levitt@raywhite.com

      For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1806964 to search for the business.

      Disclaimer:
      Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Categories:

      Bakery, Wholesalers, Manufacturers

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