UNDER OFFER - UNDER CONTRACT

13 days ago

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Glenn McTaggart
 

Summary

A significant investment was made in a full renovation & fit-out to provide an ever-expanding customer base with a memorable dining experience. All the hard work is done for a new owner.

Net Profit

$275,000 pa

Location Details

South West WA
Located in the thriving southwest region enjoying progressive growth with the benefit of a close-knit community and constant through traffic from Perth to the southwest region.

Potential

As the population expands, it's reasonable to anticipate an increase in potential customers, which should potentially translate to higher demand for bakery products and services.

Employees

This business takes pride in its team of skilled and dedicated staff members who play an instrumental role in the business's operations and success.

Reason for Sale

After much consideration and contemplation, the three partners of the business have collectively decided that it's time for them to pass on the torch to new owners. This decision was not made lightly, as they have poured our hearts and souls into building and nurturing this business over the years.

They have dedicated their time, energy, and passion to this venture, and now they are looking forward to enjoying the fruits of their labor and spending more quality time with their families.

About the Business

* Well established repeat customer base
* Sales and profits on an upward trend
* Experienced and well-qualified baker on board
* Fully renovated premises and fittings
* Progressive south west rural town
* All the hard work is done

IMMEDIATE EXPANSION OPPORTUNITIES

Catering to Local Industries - With the expansion of local corprate businesses there will be an increase in the working population in the region. This business can tap into this by providing catering services for these companies' events or regular meetings which they currently cater for.

New Product Lines - Considering the town's growth and the influx of residents from major cities, the bakery can introduce new and diverse baked goods that cater to a wider range of tastes.

Collaborations with Local Businesses - There's an opportunity to collaborate with local grocery stores, supplying them with fresh bread, cakes, or other baked items. This could increase the reach of the business without necessarily having to set up new outlets.

Educational Workshops - Considering the presence of schools in the town, the bakery can organise baking workshops, barista training or classes for students. It not only helps in building a strong brand presence among the young population but also diversifies the revenue stream.

Online Presence & Delivery - Expanding the bakery's digital footprint through a website or a mobile app and offering delivery services or click-and-collect can cater to the needs of the growing population. With more people moving in from major cities, there will be an expectation for such conveniences.

Marketing and Advertising - As mentioned, there's much room for advertising. The bakery can launch targeted campaigns showcasing their products, offers, or even the story of the bakery's origins. Using local media and digital platforms can boost visibility significantly.

Eco-friendly and Local Initiatives - Embracing sustainability and locally sourced ingredients can resonate well with the town's residents who appreciate the tranquillity and charm of the region. Promoting such practices can create a strong brand loyalty.

Expand Physical Presence - Considering the growth of the town, there might be new areas within the region that can benefit from an additional mobile outlet to attend field days and local shows. This would make the bakery's products more accessible to a larger audience.

Special Events and Seasonal Offerings – The bakery currently supports local and surrounding south west shows and festivals with special baked products and displays.

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