Here's your opportunity to own a piece of local history! Nestled in the heart of Wakefield, this iconic bakery has long been a cherished part of the community, serving locals and travellers alike. It is conveniently located on a New Zealand state highway and enjoys prime convenience for loyal regulars and road-trippers.
It is renowned for its hearty meat pies, delicious sausage rolls, fluffy scones, and classic Kiwi pastries. Everything is crafted using top-quality ingredients and the unmistakable homemade touch that has made this bakery a favourite among locals and visitors.
Don't miss out; this is your chance to enter an established operation with a loyal customer base and a legacy of success.
Financial highlights:
• Solid customer base - 36% tourists, 30% passing travelers, 21% local residents, 8% local businesses, 5% students
• 3.48M in revenue for FY24
• 20% average EBITDA margin
• 28% average gross margin
• $140,000 in revenue per worker (25)
• 11% annual average revenue increase over the last five years
Business for Sale - Price by Negotiation.
