Iconic Bakery – Canungra, Gold Coast Hinterland

Iconic Bakery – Canungra, Gold Coast Hinterland — Food & Beverage · Canungra · Asking $500,000 · Revenue $650,000 · EBPITD $359,000

Established bakery trading since 1985, the only bakery in Canungra Known locally for fresh pastries and a signature vanilla slice Long lease in place through to June 2029 Located in a growing area with several nearby residential developments

DealProspect/Listings/Food & Beverage

Iconic Bakery – Canungra, Gold Coast Hinterland

Bakery

ActiveFood & BeverageQueensland

Find funding for this deal →View original listing ↗

Asking price

$500,000

Disclosed · AUD

Revenue

$650,000

TTM

Earnings

$359,000

Implied multiple

1.4×

asking / earnings

Brief

Established bakery trading since 1985, the only bakery in Canungra
Known locally for fresh pastries and a signature vanilla slice
Long lease in place through to June 2029
Located in a growing area with several nearby residential developments

Bakeries in Queensland

All 35 →

Listed

+4 in 30 days

Median asking

$390K

33 priced

Median revenue

$1M

12 disclose

Earnings multiple

1.4×

272 listings

Price drops

in 30 days

Asking price spread33 of 35 state a price

This listing · $500K

12%

27%

24%

30%

Under $100K$1M–$2.5M

Australia 209 · Victoria 126 · New South Wales 30

Cafes 147 · Takeaways 109 · Automotive workshops 84 · General retail businesses 76 · Restaurants 73 · Manufacturing businesses 64

Priced like this one

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