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Overview
Shop 2/84 Bold Street
If you have visited Laurieton and purchased baked goods such as cakes, pies, bread, or fresh sandwiches, it is likely you have experienced the offerings of Scotts Plaza Bakehouse. This iconic business is situated in the Haven Plaza on Bold Street, adjacent to Coles, and is considered one of the busiest retail locations in the Camden Haven area. The bakehouse has been operating from this location since 1997, establishing a strong local presence.
The sale includes all equipment, which is in good working order and well maintained, with an estimated replacement value of approximately $67,000. The business employs around 14 staff members, including the proprietor, with a majority being casual employees and six dedicated bakers. Included in the sale is a 2008 Toyota Hilux ute, which supports business operations.
Stock levels are maintained at approximately $10,000 and are included in the sale price. The product range is diverse, featuring pies, sausage rolls, sourdough, ciabatta, traditional bread loaves, and a wide selection of sweet treats such as the popular Apple Pie and Turnover with Cream, as well as fresh sandwiches.
The business operates both wholesale and retail channels, with wholesale accounting for about 10% of turnover, indicating potential for growth in this segment. The lease for the premises extends until December 2025, with an option to renew for an additional three years in favor of the business. Additional storage is provided by a shipping container located directly behind the shop.
Annual rent is $31,964.64 plus GST, with no other outgoings payable. Financial performance has been strong, with turnover figures showing $950,000 for 2023, $1,050,000 for 2024, and projected $1,100,000 for 2025. The business currently operates seven days a week, catering to consistent customer demand.
Vendor finance is available to qualified purchasers, providing an opportunity for buyers to acquire this established and profitable business. Prospective purchasers are encouraged to conduct their own investigations to verify the information provided.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Laurieton NSW 2443
Market Insights for Laurieton NSW 2443
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