Shop 5/74 Bideford Street, Torquay, QLD 4655

Price: $750,000

Hervey Bay's Busiest Bakery

Locally owned & operated, Top of the Bay Bakery was established over 18 years ago, selling their award winning pies and voted Fraser Coast's Best Bakery for consecutive years.

Situated in one of Hervey Bay's Prime locations with a very high traffic exposure,
it is within close proximity to Hervey Bay's sporting facilities and schools.

The shopping complex has recently undergone a major overhaul, bringing a fresh new street appeal, more shops & parking and the potential of even more growth.

As part of the renovation to the complex, the business was relocated to a bigger premises, allowing the owner to plan the fitout of the bakery with automatic opening/closing doors, zoned ducted air con, rear entry access, security cameras and its own restroom with storage lockers.

The front of shop has all new display cabinets and display shelving for breads, pies, cakes & pastries.
Also installed is a semi-automatic coffee machine with plumbed water and waste.

The rear of the shop has a 2.5m x 2.5m walk-in coldroom with storage, stainless steel wet areas & composite cladded walls. The rear entry access is fitted with double security doors.
A full list of plant & equipment is available.

This long standing business is family owned & operated and is open 7 days a week.

Turnover
$1.4million per annum on average

Net profit
Over $300,000

Growth potential
Last 6 months show an increase of well over 30%

Lease
7years then 5x5
Lease commenced 1 May 2020

Full financials to December 2020 are available.

81673


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Contact the Owner

Mobile: 0488 849 770
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