PRD Laurieton 68 Bold Street, Laurieton, NSW 2443 02 6559 9400
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5/80 Bold Street
laurieton
NSW, 2443

SOLD

Sold for $380,000

Bespoke Bakery Opportunity

Fantastic opportunity to purchase a highly profitable independent bakery, located in Laurieton on the Mid North Coast of NSW. Renowned for its quality products the business has an excellent reputation supplying to the retail market and also to many food producing cafes.
* Currently occupying 3 commercial premises in the Laurieton mall (two adjoining and one for storage across the passageway)
* All equipment in excellent working condition, well maintained and estimated value of equipment (at replacement cost) approx $136,000, all included in sale
* Products currently include pies, sausage rolls, sourdough loaves, traditional bread loaves and a huge selection of sweet treats
* Wide street parking available directly in front of shop and opposite the Commonwealth Bank
* Currently operated by husband and wife baking team, with an additional baker on staff, plus retail staff. Staff willing to stay on
* Business has previously operated a very successful wholesale business as well, which has been currently scaled back to preserve quality
* Current lease expires 13 March 2023, with a further 3 year option available
* Average turnover annually over the last 2 years approximately $921,000 (weekly turnover average above $17,000)
* Full information memorandum is available upon signing of a confidentiality agreement

* Would suit a baking couple or even better, a business minded manager to oversee the business with qualified bakers employed. Profitability provides an attractive opportunity for a manager to attain a profitable income without the requirement of actually being a baker themselves.

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee it's accuracy. Prospective purchasers are advised to carry out their own investigations.

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About laurieton

median house price

795000

suburb growth

4.7%

median house rent

550

suburb rental yield

3.6%
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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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