The Brothers Oven is a locally owned and family run bakery/cafe located in the heart of Tuggeranong at the Homeworld Centre adjacent to the Tuggeranong Hyperdome.
With a large retail shop space and a large wholesale profile the Brothers Oven is a great opportunity for a new or experienced business owner to grow the business.
Tuggeranong is currently undergoing a major residential development located only 200 metres from the cafe where 700 apartments are due to be occupied by the end of this year.
Additionally, there is new work being undertaken on government buildings in the area which again are only a few hundred metres away making The Brothers Oven the perfect location to attract all these new customers!
Established in 1988, the current owners acquired the business in 2006. Now with grown children the owners are looking for a change of scenery and doing some travelling.
All products are baked daily on the premises by a team of qualified bakers. The remainder of the team is made up of casual staff members. There are several juniors that work on the weekends and weekdays when required and five dedicated weekday workers. Additionally, there are three other employees who are employed on a casual basis working Monday to Saturday to pack the wholesale orders and deliver them across Canberra.
The Brothers Oven is the only bakery/cafe in the Tuggeranong Valley. The cafe is currently open 6 days per week with the opportunity to open on Sunday an option. Selling all baked products, coffee/tea, breakfast, and hot meals, there is huge potential for growing the menu with a chef to attract more clientele.
There is also huge potential for this business to expand the wholesale profile. Currently there is only a handful of bakery wholesalers in Canberra, therefore with our team and three large ovens The Brother’s Oven is able to generate a huge supply of products. Included in the sale will be two vans that will enable the deliveries around the Canberra area. There is also the potential to supply the surrounding areas including the Snowy Mountains region where there is minimal competition.
There is a condition stipulated on the premises lease that one of the owners must be a qualified baker or pastry chef, however it would not be necessary for that person to bake full time as the team of bakers are self-sufficient and the head baker manages the team very effectively.
Furthermore, the current owners are happy to stay on to train the new owners in all aspects of the business if necessary.
The Brothers oven has won many competitions throughout the years for both their pies and bread. They have a good following with a large number of regular customers that enjoy both the service and food – which they pride themselves on.
If you are looking for an exciting opportunity to own a popular and well respected Canberra bakery/café then look no further. The opportunity for growth is unlimited and the new population that is entering the precinct will be highly advantageous.
Don’t delay making an enquiry TODAY as the owners are very motivated to sell.
Asking Price $345,000 + SAV
For more information about this fantastic opportunity please contact Michael Newham on 0419 263 014 or email firstname.lastname@example.org