Businesses for Sale - Tasmania - DODGES FERRY

Award Winning Bakery and Cafe

Leasehold Business

* Established and profitable bakery/cafe
* Financials available, impressive turnover and bottom line
* Prime location in a rapidly growing community
* Secure lease for 5 + 5 + 5 years from 2005
* Lifestyle opportunity by the seaside

This bakery and cafe is a thriving business. Located in the heart of the seaside communities of Lewisham, Dodges Ferry, Park Beach and Carlton Beach, it is ideally placed to continue to thrive and grow and has little in the way of competition.

From small beginnings, the vendor has grown the business to be a 24 hour operation, employing two bakers and an apprentice, together with up to 9 part-time and casual sales assistants.

Generating sales income from wholesale and retail bakery operations in addition to the cafe and ancillary sales, the business now has a turnover approaching One Million Dollars per annum. The vendor estimates there is potential to further increase bakery production by some 25% within the existing premises.

The reputation of the bakery for quality is evidenced by its consistent award winning performances at the Royal Agricultural Society of Tasmania and in the Wrest Point Hobart Fine Food Awards.

There is also development potential to expand or replace the premises should further expansion of either the bakery or the cafe be planned. (Subject to Council and property owner approval). The healthy bottom line is such that the business is suitable for hands-on management by the new owners, or it could be run under management.

The lease is secure with a five year term and an option for a further five years from November 2010. All the plant and equipment required to maintain and build the business is in place and included in the purchase price.

THE BUSINESS IS ALSO A GREAT INVESTMENT OPPORTUNITY!

Examination of the financials will demonstrate the value of this business as an investment in your future both in lifestyle and financial return terms.

Continuation of the current operation will show a return to working owners of almost 50% and a RETURN ON INVESTMENT to an absentee owner of 25%.

Located approximately 15 minutes from Hobart International Airport, and only 30 minutes from the city, this is a genuine lifestyle opportunity to build a profitable future as an integral part of a delightful seaside community.

Raine & Horne - Commercial Hobart

175 Collins Street
HOBART 7000

Phone Broker

Office Phone: 03 6231 0000 Listing Broker/s:
Clive Abbott 0447 336 034

Email The Broker *

Subject: Businesses for Sale - DODGES FERRY, Property No. 3100528

Your Name:* Your Email:* Your Phone:*

Your Message:
Regarding listing 3100528,

* Only to be used for genuine enquiries about this property. realcommercial.com.au Limited reserves its right to take any legal or other appropriate action in relation to any misuse of this service.