Retail Bakery

North Island, New Zealand
 

Asking Price
$497,000


Retail Bakery

Retail bakery that’s well and truly risen to the Top

With 50 years of operation behind it, you can be sure this investment opportunity has a long history of success with the present owners baking since 1978.

Operating from a riverside town an hour south of Auckland, the bakery has become the popular choice for locals and travellers alike.

For five decades it’s being serving up a broad selection of bakery goods and has become particularly renowned for it’s pies and biscuits and customised birthday and wedding cakes. With limited competition locally, the birthday and wedding cakes have developed into a high-margin niche for the business.

The bakery is located on one of the district’s major crossroads, giving it superb exposure to significant passing traffic. Not that it needs the advertising. Because of the bakery’s long history in the area, it’s become known throughout the Waikato region as a must-visit destination when passing through.

The new owner will have the option of an extended lease on the site which has its own car park and is close to schools. Purchasing the freehold title, in addition to the asking price, is an option.

Opportunities going forward include developing a wholesale operation. This could apply to range of products, particularly the birthday cakes. Currently the region lacks an artisan bread wholesaler with specialty breads having to be sent from Auckland; it’s a potential lucrative gap ready and waiting for the business to step into.

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 New Zealand  +64  3
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