Icon Bakery - Home Hill, Freehold Option Available

Icon Bakery - Home Hill, Freehold Option Available — Food & Beverage · Home Hill · Asking $450,000 · Revenue $1,842,053

A seventy-year-old bakery in Home Hill and the only one in town, baking most of its range fresh on site daily Combines steady retail trade with wholesale accounts to aged care, hospitals, schools and sporting clubs Recent investment covers solar power, a shop renovation and new air conditioning The freehold commercial property is available to purchase separately from the business

DealProspect/Listings/Food & Beverage

Icon Bakery - Home Hill, Freehold Option Available

Bakery

ActiveFood & BeverageQueenslandB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$450,000

Disclosed · AUD

Revenue

$1,842,053

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

A seventy-year-old bakery in Home Hill and the only one in town, baking most of its range fresh on site daily
Combines steady retail trade with wholesale accounts to aged care, hospitals, schools and sporting clubs
Recent investment covers solar power, a shop renovation and new air conditioning
The freehold commercial property is available to purchase separately from the business

How it compares

Bakeries in Queensland · asking prices

30% below bigger bakeries here

Bigger bakeries here ask a median 0.35× revenue. On its $1,842,053 revenue, that points to about $645,000; reads like this are typically within 30%, so $452,000 to $839,000. It asks $450,000.

Asking price: $450,00029% above the median of $350,000
Revenue: $1,842,0533rd biggest of 12
Revenue multiple: 0.24×0.38× across the market; 0.35× for bigger ones, 0.41× for smaller
Time listed: 20 daysno price change

Bakeries in Queensland

Bakeries for sale in Queensland (28) →

Listed

+1 in 30 days

Median asking

$350K

27 priced

Median revenue

$1.1M

12 disclose

Earnings multiple

1.3×

313 listings

Price drops

in 30 days

Asking price spread27 of 28 state a price

This listing · $450K

15%

30%

19%

Under $100K$1M–$2.5M

Australia 120 · Victoria 48 · New South Wales 27

Cafes 142 · Takeaways 107 · Automotive workshops 76 · Restaurants 74 · General retail businesses 63 · Manufacturing businesses 56

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