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Large And Thriving Retail Pie Shop

Business for Sale
Wentworth Falls NSW

This is a unique opportunity to acquire a large, prime commercial site through a freehold sale, situated close to a popular town in the Blue Mountains.

Price $4,200,000

Large and thriving retail pie shop

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Established approx.14 years ago in Wentworth Falls in the Blue Mountains area. Over time, the business has grown significantly, and the owners have purchased the original site, plus an adjoining site and spent a considerable sum on the redevelopment of both site and property.



Location Details

Situated in Wentworth Falls in the heart of the beautiful Blue Mountains, an hour west of Sydney in NSW.

Potential

The site itself could be adapted to many different potential uses, and of course is ideally situated and constructed for food and hospitality. The addition of online ordering and a wholesale offering. The potential to franchise the business or turn into a multi-site operation where this business could operate as the key supplier to a number of retail shops. There is scope to extend these trading hours to include evenings, which could additionally allow an expansion of the menu to accommodate a dinner trade. The business is already council approved to trade to 9pm.


Skills

The business now sits on an extensive site that accommodates a large commercial building with bakery area including four cool rooms, dining areas that accommodate over 116 customers, a car park with 48 large spaces, landscaped grounds and a fully fenced, secure site. A unique business with a long-standing reputation that provides a buyer with not only the opportunity to acquire a thriving enterprise, but also to invest in the land and buildings from which they operate, which is rare indeed.


Hours

The business operates 6am to 4pm, 7 days a week.


Employees

There is a staff of 28 in the business and an owner who, while managing and supervising staff and operations, only works in the business on a part time basis.


History

Established in 2006 as a lifestyle business for the owners. At the time, the current owners had sold previous businesses in 2002-03 and tried early retirement but after a few years and plenty of travel, realized they were too young to retire. When the site was identified, it was a run-down former restaurant. The owners leased the site and after an extensive refurbishment, commenced trade in 2006.

Reason for sale


The current owners are seeking early retirement and are not willing to separate the business and the property.

This is a unique opportunity to acquire a large, prime commercial site through a freehold sale, situated close to a popular town in the Blue Mountains. The site and its extensive footprint and premises offer an unparalleled commercial property opportunity and while the site currently houses a successful and profitable business, an astute buyer may be able to see the greater potential for the site.


Key facts about this business:


- A unique business with no competition in the immediate area

- Large site, ample seating, spacious on-site car park

- A thriving business that is long-standing in the area and well-known

- Excellent reputation and offering good future growth potential

- A specialist in supplying a high-quality variety of pies, hot and cold, sweet and savoury

- Excellent financial track record with strong income and profitability

- Great opportunities for expansion of offering and trading hours

- Steady income year-round

- Reliable, well trained team of staff

- Pies are an affordable everyday indulgence with widespread appeal across all age groups

- Enjoys strong local support



For more information on this opportunity, please contact the undersigned:


FOR SALE BY VENDOR


Or


Allsales Business Consulting & Business Sales

T: 1800 858 696 E: support@allbizsales.com


For more details go to wwww.allbizsales.com and complete our online confidentiality agreement. Use the reference ID 30520 to search for the business.

Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off




Contact Seller

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Contact: FOR SALE BY VENDOR
Phone: 1800 858 696

Bsale ID: 260402




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