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DealProspect/Listings/Food & Beverage

Bakery, Townsville

Bakery

ActiveFood & BeverageQueenslandB2B & B2C
Asking price
N/A
Disclosed · AUD
Revenue
EBITDA
Implied multiple
Brief
  • Bakery in Townsville trading for 55 years, serving retail, worker and wholesale customers from its Mooney St shopfront.
  • Produces pies, sausage rolls, cakes and a range of sweet and savoury treats
  • Pie machine with capacity for 2,000 pies per hour, supported by 2 ROTEL ovens
  • 4.6-star Google rating
  • Owner-operators have scaled back hours; an additional baker or pastry chef could allow more passive management
  • Growth options include bread varieties, drive-thru service, coffee and gluten-free/vegan options
  • Owners are preparing for retirement after 55 years