Wakefield
12 Clifford Road, Wakefield, Tasman
+12Iconic stop over on New Zealand's State Highway
Here's your opportunity to own a piece of local history! Nestled in the heart of Wakefield, this iconic bakery has long been a cherished part of the community, serving locals and travellers alike. It is conveniently located on a New Zealand state highway and enjoys prime convenience for loyal regulars and road-trippers.
It is renowned for its hearty meat pies, delicious sausage rolls, fluffy scones, and classic Kiwi pastries. Everything is crafted using top-quality ingredients and the unmistakable homemade touch that has made this bakery a favourite among locals and visitors.
Don't miss out; this is your chance to enter an established operation with a loyal customer base and a legacy of success.
Financial highlights:
• Solid customer base - 36% tourists, 30% passing travelers, 21% local residents, 8% local businesses, 5% students
• 3.48M in revenue for FY24
• 20% average EBITDA margin
• 28% average gross margin
• $140,000 in revenue per worker (25)
• 11% annual average revenue increase over the last five years
Business for Sale - Price by Negotiation.
Keith Griffiths
Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008
James Macmillan
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Business appeal
Operating successfully over the last few decades, The Bakery at Wakefield has become a beloved fixture in the community known for its fresh bread, pastries, cakes, and specialty items.
Location
Situated in a high-traffic area with high visibility and accessibility in the heart of Wakefield, attracting significant foot traffic, a loyal customer base and passing trade.
Growth opportunities
Positioned in a booming market, with a growing customer base driven by local intensification, increased public infrastructure, and private residential development.
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