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Bakery, Townsville

Bakery

ActiveFood & BeverageQueenslandB2B & B2C
Asking price
$395,000
Disclosed · AUD
Revenue (est.)
~$1,129,540
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$277,895
Estimated · comparable listings of this type and size · typically within ±30%
Typical multiple
~1.4×
comparable listings of this type and size · typically within ±30%

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

Bakeries in Queensland

Bakeries for sale in Queensland (28) →
Listed
28
+1 in 30 days
Median asking
$350K
27 priced
Median revenue
$1.1M
12 disclose
Earnings multiple
1.3×
314 listings
Price drops
3
in 30 days
Asking price spread27 of 28 state a price
This listing · $395K
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19%
7%
Under $100K$1M–$2.5M

Australia 119 · Victoria 48 · New South Wales 26

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