"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
This is a fully operational bakery.
They bake from scratch and have fresh bread, snacks and pastries on a daily basis.
Local businesses are supplied with freshly baked produce.
Recently opened a bistro section with toasted sandwiches, breakfast and homemade burgers.
How long has the business been established?
Since 2021
How long has the owner had the business?
Since 2022
How does the business operate on a daily basis?
The Business owners open and close the Business and do on average between 60 to 80 transactions a day.
Feet through the door between 150 to 200 people.
How are the clients attracted to the business?
The excellent quality products, speak for themselves.
They rely on photos on social media and word of mouth to bring people to the shop.
Once people try our bread and eats and treats they return on a regular basis and realize the difference between quality homemade bread and food and store-bought commercial products.
What Advertising/Marketing is carried out?
They make use of Facebook and Instagram and advertise in the local directory booklet once a month.
Does the business have any contract work?
Several businesses order regularly but it's not fixed contracts.
They place orders as needed.
What competition exists?
There are no other established Bakery in this coastal town - baking from scratch with quality, premium ingredients.
The local supermarkets have their bakeries as well but the standard of their products are not of a high standard and they mostly make use of par-baked products.
There's no comparison between this business products and the local supermarkets.
What are the seasonal trends?
The town is seasonal.
However a very good local market throughout the year exists.
Seasonal clients are a bonus.
What is the total staff complement?
There is 2 staff members.
A Cleaning person and a Night Shift Baker.
Are they on contract?
The staff are not on contract and get paid in cash.
How involved is the Owner in running the business?
The owner and his wife run the business full-time.
When does the current lease end?
December 2024
Is there an option of renewal & what period?
Yes. Year to year
What are the trading hours?
Tuesday-Friday 08:00-16:00
Saturday 08:00-13:00
Is a copy of the lease available?
Yes
What lease deposit and/or other surety is required?
One month's rent
What are the main assets of the business?
Baking Equipment, Front of house equipment.
What is their overall condition?
70%
Do any require repairing?
Minimal
How have they been valued ?
Google price less 70%
Are they presently insured?
Business Insurance
Strengths?
Only Artisan in town
Weaknesses?
Par Baked goods
Opportunities?
Restaurants, Schools, Business hours after 16h00 - 08h00
Threats?
Home Bakers
What is the reason for the sale?
The owner has an offer to return to the Hotel Industry which he cannot ignore.
Why is this a good business?
Authentic Artisan sourdough bread is available daily.
The products are of outstanding quality and the taste is exceptional.
Nowhere in town will you find what they do. People come back on a regular basis because of the exceptional quality and taste of their products.
People in this town buy a product if the price, service, and quality are right.
There is also room for growth and expansion with more food items on the menu, a bigger variety of bread or unique bread, different pie fillings and pastries, and other services to be added.
