Hallett Cove

For sale

Under contract

Hallett Cove Bakery

Perfectly positioned in the heart of the picturesque coastal suburb of Hallett Cove, the Hallett Cove Bakery fronts well known Barramundi Drive. Set in among a small group of shops which offer ample parking out the front of the stores, they also enjoy a stunning view of the ocean.

With huge support from the local residents, this award winning bakery draws its focus on providing the highest quality hot food and sweet treats possible. Opening their doors in November 2014, the current owners set the bakery up from scratch with new plant and equipment and a fresh shop fit out which is currently able to seat 13 for lunch and coffee, however, this capacity could be raised.

Now trading 6 days per week and closed for 4 weeks throughout the year, the bakery continues to experience strong growth since the day it opened. Its average turnover is $8,500 per week.

The Hallett Cove Bakery is really only just getting started. The lease runs until 2019 with the option of another 5 years. This bakery is the perfect business for new owners to maximise its potential.

At a glance:

- Family owned and operated

- Trading 6 days per week

- Current turnover an average of $8,500 per week

- Current owners close the business for 4 weeks of the year

- Plant and equipment 3 years old (approx.)

- Current lease runs until 2019 with a further 5 year option

Melanie Winter – 0408 085 932

RLA 283100

TenantedNo

Property Info:

  • Property ID: L454179
  • Property Type: Bakery

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R&H Suburb Profile: Hallett Cove

Learn more about Hallett Cove
R&H Suburb Summary Houses
Number of sales 193
Average Price $489,512
Median Price $465,000
Median Rental Price $395 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 10
Average Price $324,800
Median Price $329,000
Median Rental Price $310 p.w.
Change in Rental Rate (5yr) 5 %
Hallett Cove, SA - Median Trend
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