Summary
This bakery has developed a range of pies, sausage rolls and sweets to satisfy any hungry customer. A stunning shopfront and a ripe market for wholesale customers, this store has a vast customer base
Location Details
107 Mooney Street, Gulliver, QLD, 4812
Nestled in the heart of Townsville, Kings Cakes has a prime suburban location at its Mooney St shopfront. This location makes this store an easy and convenient option for many customers in the Townsville region
Skills
Bakery / Pastry Chef, people skills, be good with your hands and business management
Hours
Monday to Thursday 7:30am to 3:30pm / Friday 7:30am to 4:00pm / Saturday 8:00am to 1:00pm
Lease
3 Years
Employees
2 x Owner Operators - full time 38 Hours per week each
4 x Bakery Assistants - casual 35 to 38 Hours per week each
2 x Bakery Assistant - Saturday casual 5.5 Hours
Reason for Sale
Retirement
About the Business
Established in 1969, this bakery has developed a range of pies, sausage rolls and sweets to satisfy any hungry customer. With a shopfront on Mooney St and a ripe market for wholesale customers, this store has a vast customer base in the Townsville region.
Why you should purchase this great business opportunity:
• Well established (55 years)
• Offering fresh pies, pasties, sausage rolls, and sweet treats
• Excellent reputation (4.6 stars on Google)
• Many lunch options to appeal to workers close by
• Wholesale opportunities
• Incredible birthday cake demand averaging between 50-100 per week
• Plenty of existing clientele
• Busy suburban location
• Continual workflow
• Continued yearly growth
• Well known in the local community
• Well-presented business
• Great online presence with 5000 Social media followers
• Extremely profitable business
• Easily run
• Simple business model
• Trades 5.5 days a week
Kings Cakes has been around since 1969 and has built an excellent reputation for creating affordable, high-quality cakes, pies, sausage rolls and a wide range of sweet and savory treats. With such a wide range of products, this well-established bakery caters to locals, workers, and wholesale clients. It has a stellar 4.6-star rating on Google, which stands as a testament to its commitment to quality. Not only does it have a solid foundation that keeps customers coming back for more, but it also holds a significant presence in the community, making this an exciting opportunity for a new owner.
Kings Cakes has many growth opportunities that can be implemented to further its success. The store is currently fitted with a pie machine with the capacity to produce 2000 pies per hour accompanied with 2 ROTEL ovens to bake the pies in a timely manner, using this to its full potential will create more supply for the demand from local and wholesale customers. There is also potential in additional products and services, such as introducing various bread varieties, implementing a drive-thru window service, offering coffee, pre-made sandwiches, and meeting the growing demand for gluten-free and vegan options in birthday cakes. These strategic initiatives in combination with extended opening hours will position this bakery for growth and success in the bakery industry.
History
This business presents a rare opportunity for a new owner to take over a bakery that has been established for over 55 years and take it into its next era.
Connect with us