Bread Crock Bakery Cafe - Wagga Wagga

Bread Crock Bakery Cafe - Wagga Wagga — Food & Beverage · Wagga Wagga · Asking $160,000 · Revenue $800,000 · Net Profit $180,000

Established bakery and cafe inside the Sturt Mall, Wagga Wagga Located directly across from Coles and near Kmart Loyal and growing customer base with steady daily sales Fully functioning commercial bakery/kitchen with walk-in cool room and baker's oven Walk-in-walk-out, suits new and experienced owners

DealProspect/Listings/Food & Beverage

Bread Crock Bakery Cafe - Wagga Wagga

Bakery

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$160,000

Disclosed · AUD

Revenue

$800,000

TTM

Net Profit

$180,000

Implied multiple

0.9×

asking / earnings

Brief

Established bakery and cafe inside the Sturt Mall, Wagga Wagga
Located directly across from Coles and near Kmart
Loyal and growing customer base with steady daily sales
Fully functioning commercial bakery/kitchen with walk-in cool room and baker's oven
Walk-in-walk-out, suits new and experienced owners

How it compares

Bakeries in New South Wales · asking prices

53% below past bakeries like it

Past bakeries like it ask a median 1.9× earnings. On its $180,000 earnings, that points to about $342,000; reads like this are typically within 25%, so $257,000 to $428,000. It asks $160,000.

Asking price: $160,00050% below the median of $320,000
Revenue: $800,000median is $945,455
Time listed: 126 daysprice cut 6%, from $170,000

Bakeries in New South Wales

Bakeries for sale in New South Wales (27) →

Listed

+3 in 30 days

Median asking

$320K

25 priced

Median revenue

$945K

9 disclose

Earnings multiple

1.3×

313 listings

Price drops

in 30 days

Asking price spread25 of 27 state a price

This listing · $160K

36%

40%

12%

Under $100K$2.5M–$5M

Australia 120 · Victoria 48 · Queensland 28

Cafes 187 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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