Forest Glen
The Fabulous Forest Glen Bakery
Reputation, location and quality are right to the forefront of attributes for this long-established Retail Bakery. Investment or Owner-operator. High retail Cash Flow.
Completely and meticulously re-fitted with new Plant and Equipment two years ago 'The Fabulous Forest Glen Bakery' is on the market for the first time in 20 years. Located in the recently renovated 'Forest Glen Shopping Strip', with exclusive use Bakery rights which extend to the recently opened Retail and Service Complex behind... [More]
The Fabulous Forest Glen Bakery
Reputation, location and quality are right to the forefront of attributes for this long-established Retail Bakery. Investment or Owner-operator. High retail Cash Flow.
Completely and meticulously re-fitted with new Plant and Equipment two years ago 'The Fabulous Forest Glen Bakery' is on the market for the first time in 20 years. Located in the recently renovated 'Forest Glen Shopping Strip', with exclusive use Bakery rights which extend to the recently opened Retail and Service Complex behind the business premises. 'Forest Glen' is in a huge growth phase with several nearby residential developments recently completed or underway.
The business trades six days Monday to Saturday from 5:00am to 4:00pm. Staff comprise one owner-operator (Baker who can stay on as required) one full time Baker and up to seven Front of House casuals covering various hours/shifts as required.
Lease of the premises is sound with two options of five years each from 1/7/2024. Current rent inclusive of outgoings and GST is $1,294 per week being well under 4% of average weekly revenue. Area 133m2 plus outside seating for 20. Convenient Bruce Highway off and on access with customer car parking available to the front and rear of the premises.
The Bakery is fully systemized, spacious, and equipped to handle high production which could expand to the wholesale market. Developers of the new retail Hub would welcome a second retail outlet and have also suggested expansion of the current outlet to incorporate a dining area to the side of the premises. Scope also exists to expand Social Media presence and open seven days.
Plant and Equipment is extensive including two walk-in Cool Rooms, all stainless-steel work benches/shelving, near new Commercial Ovens and Bakery machinery. (Full Schedule available). Work areas are air conditioned and security cameras installed. Premises are presented immaculately clean and tidy.
View on Facebook. TripAdvisor and other hospitality sites.
Very successful business that has been operating for many years and fronting a development that will become a vibrant Hub for the surrounding communities and travellers using the Bruce Highway.
Training will be provided on all aspects of the business as required.
For business profile and viewing contact:
Trevor Tiplady
AW Business Sales
Ph: 0424438025 [Less]
Agent Details
Email Agent
Property information
- Type Business Sale
- Price $700,000 wiwo
- Property Type Food/Hospitality
- Walkscore View