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Classic Kiwi Style Bakery for Sale

Two Sites, Christchurch Hospitality

$560,000 plus stock (for both sites) - Christchurch

#L001777- L001778

detail

The Business

  • Two Suburban sites, Buy One or Buy Both
  • Asking Price: $560,000 plus stock (for both sites)

Over many years of baking kiwi classics, this bakery brand has built a strong reputation for quality products, friendly service, and loyal local customer support. Two sites are for sale; one is the bakery with retail shop which supplies the second site. Both are in high footfall suburban sites. The vendor is open to selling one or both.

Key Highlights

  • Combined Annual sales of $1,600,000 ex. gst.
  • This is not a franchise business.
  • Long trading history – the brand has been around for over 14 years. 
  • Both sites are in high footfall suburban locations.
  • Classic kiwi baking fare, great systems in place & experienced staff.
  • Strong leases, low rent to revenue ratio.
  • One site has the production bakery with equipment – fully fitted out and supplies both sites. The second site is retail with limited equipment, but in busy location. 

In addition

  • Solid trading history with accounts and reports available
  • Skilled, reliable team – experienced staff already in place for smooth operation

If you are a budding baker and looking for an established bakery at an entry level price, then the bakery production shop with retail sales would appeal.  If you are an existing operator and looking to expand your own business, the ‘dry’ retail shop will appeal due to the great location that has real opportunity for growth. The vendor is open to provide a mutually agreeable handover depending on your experience and needs. Call today for more information. 

Contact: Sami Chesterton
Office: Christchurch

Confidentiality Agreement for Business Reference L001777- L001778, Broker Name Sami Chesterton

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Limited (Licensed under REAA 2008) and/or Tabak Business Sales Limited (Licensed under REAA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. I acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Limited (Licensed under REAA 2008) and/or Tabak Business Sales Limited (Licensed under REAA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*