Braeside VIC 3195

$998,000.00

Bakery manufacturing and wholesale supplier. Currently semi-management.

Phone enquiries - please quote property ID 20937

Summary
Financials are strong and are on approx $27,000 a week in 17-18. Sales are now $32 - $34,000 a week. Due to delivering a great product - on time. Solid business currently run under semi-management
Revenue -$32,000 pw
Rent -$650 pw
Potential
This business has grown organically and very steady for the last 12 years. There is no manager in the front office driving new sales and pushing the growth. It has mainly come from word of mouth. If a new purchaser actually managers the business 40 hours a week, they could improve this business another 40% in sales. Most of the new sales would be huge GROSS and NET profit.
Skills
You do not need to be a baker. You need good communication skills with your customers and treat your workers fairly. Extended training period offered if needed to new purchasers.
Hours
They do not bake on a Saturday. The factory is closed.
Reason for Sale
Vendors have a very busy cafe and new family
About the Business
This manufacturing business is well established and continually growing in sales due to a high quality product and great service.
60% of orders are standard weekly orders that are automatically processed via computer using a Reckon accounting system, and 40% orders are via telephone and then put in the system.
Some full time management will greatly improve the financial rewards of this solid business. In 2 years a good operator could pay off this great business and have a long term asset.
There are currently 4 full time bakers and 2 packers, and staff start at 2 pm and finish approx 11pm. Working only 6 days a week, and only 1 shift per day. There are cameras in the factory that can be accessed remotely via a smart phone.
A new owner managing and growing this business further can utilise the factory and also start a second shift from 6am to 2 pm, either selling more bread products or expand into muffins, small cakes or pastries that also can then be sold to the current client list. Huge further potential.
Currently using over 6 tonne a week in flour and growing. Servicing mainly Cafes & Restaurants that are on either weekly or monthly accounts. Factory is approx 400 SQ/M and vendors choose to use a transport company for deliveries. No deliveries on Sundays. Photos are for display purposes only.
Vendors want to sell and are negotiable, and full due diligence is welcome for potential purchasers.
An inspection must be done first to meet with the current Vendor to discuss the business model. Serious buyers only please as Business Sales Victoria has an exclusive authority to sell this great business.

Confidentiality Agreement must be signed for any information to be given out.
Quote BSV 0813 and call Michael - NOW, or submit an enquiry.

Property Details