Verified Listing
Posted on May 24, 2019 / 401
Price : R3,500,000
Listing Type : Bakery
Location : South Coast
Ref. No : 2551
Year Established : 2008
No. of Employees : 14
Trading Hours : 8am - 5pm
Turnover : R 370 000
Expenses : R 210 000
Net Profit : R 70 000
Asset Value : R 1 000 000
Stock Value : R 200 000

A well known and long-established bakery is for sale on the Hibiscus Coast. The business has been in operation for the last 15 years and is strategically situated in both a retail space and a manufacturing space.

The success of the business is based on professional and quality service to the market creating products a step above the rest. Specializing in high quality products to the events market as well as the wholesale and retail of other baked goods.

The business is currently developing a franchising model to open up other retail outlets across the province and country.

The bakery also has a broad base of loyal clientele which has grown year on year because of the quality service. The business also boasts an active face book page, where clients post their interactions with the bakery on a regular basis.

The bakery’s retail outlet is situated alongside the busy main road that runs along the entire coastal belt providing it with ample visual exposure to passing clientele. The reason for the sale is that the partners want to retire due to age and health reasons.

* Morgan Laxton – LP KZN South Coast