Bakery in Vaal-Triangle

Vaal Triangle
Price : R 675,000
Listing Type : Bakery
Location : Vaal Triangle
Ref No. : 2846
Year Established : 2016
No. of employees : 7
Lease Term : 2022
Turnover : R 164 453 pm
Expenses : R 129 112 pm
Net Profit : R 35 348 pm

A well-established bakery in the Vaal-Triangle, in a shopping centre with great anchor tenants and a mini supermarket. This bakery was established 30 years and the current owner has been operating the business since 2016. This bakery specializes in birthday cakes, wedding cakes, pies and rolls/buns.

The owner has a system that allows him to build a buyers database through the previous sales and the new owner can also use this database to do bulk SMS’s for specials etc. This business would be suitable for a hands on creative couple, family or a person who can explore some of the opportunities the current owner has not managed to tackle, due to his limited capacity, such as deliveries.

This business comes with a team of diligent and reliable staff who manage to operate the business in the owners absence. The business has a good system of order placements, tracking stock, daily sales and expenses. The business asking price is R675 000 with an average monthly turnover of R164 453 and an average net profit of R35 000.

Due Diligence