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Icon Bakery - Home Hill, Freehold Option Available

Bakery

ActiveFood & BeverageQueenslandB2B & B2C
Asking price
$450,000
Disclosed · AUD
Revenue
$1,842,053
TTM
Earnings (est.)
~$341,236
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)

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
$450,00023% above the median of $365,000
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
0 daysrecently listed

Bakeries in Queensland

Bakeries for sale in Queensland (33) →
Listed
33
+4 in 30 days
Median asking
$365K
32 priced
Median revenue
$1.1M
12 disclose
Earnings multiple
1.3×
322 listings
Price drops
2
in 30 days
Asking price spread32 of 33 state a price
This listing · $450K
13%
28%
25%
28%
6%
Under $100K$1M–$2.5M

Australia 125 · Victoria 48 · New South Wales 26

Cafes 142 · Takeaways 99 · Automotive workshops 77 · Restaurants 76 · General retail businesses 68 · Manufacturing businesses 54

Priced like this one

Bakeries for sale in Queensland (33) →