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DealProspect/Listings/Food & Beverage

70-Year Bakery – Home Hill

Bakery

ActiveFood & BeverageQueenslandB2B & B2C
Asking price
$450,000
Disclosed · AUD
Revenue
$1,842,053
TTM
Earnings (est.)
~$387,384
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Bakery trading in Home Hill, Queensland for over 70 years, with fresh daily baking on site
  • Retail trade plus wholesale relationships with aged care homes, hospitals, schools and sporting clubs
  • Over $89,000 invested in recent premises upgrades including solar power and a shop renovation
  • Team of 23 staff in place; freehold property available separately from the business

Bakeries in Queensland

All 33
Listed
33
+2 in 30 days
Median asking
$373K
30 priced
Median revenue
$1M
11 disclose
Earnings multiple
1.4×
258 listings
Price drops
3
in 30 days
Asking price spread30 of 33 state a price
This listing · $450K
13%
30%
20%
27%
10%
Under $100K$1M–$2.5M

Australia 206 · Victoria 127 · New South Wales 29

Cafes 143 · Takeaways 106 · General retail businesses 80 · Automotive workshops 78 · Restaurants 70 · Manufacturing businesses 61