For Sale

Very Well Presented Traditional Bakers

Aberdeen, Aberdeenshire

£359,950 +SAV

Ref: B04772

Contact sales negotiator

Kai Pollitt-Parry

01204556303

Email Kai Pollitt-Parry

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Description

Hilton Smythe are delighted to bring to the market a fantastic opportunity to purchase a well-established, long standing traditional bakery business with its own bakehouse, retail outlet and commercial supply business.

Greenfern Bakery has been under the careful and meticulous ownership of our client for over 24 years and has grown the business year on year to an impressive level with turnover and profit levels growing steadily.

It is only now that the business has been placed on the open market as it’s our clients desire to take well-earned retirement after many successful years of trading and they would like to see the business pass to someone who would continue to build the business and ensure its continued success.

The popular business is renowned as an excellent bakery and produces its own baked goods on a daily basis including:

• Handmade sandwiches
• Ready meals
• Hot food
• Salads
• Cakes
• Confectionary

All this has led to an enviable reputation with many loyal repeat customers within the local area. All the produce is made in its own onsite craft bakehouse with most of it being sold through its highly popular retail premises.

The business further benefits from a thriving wholesale side and provides catering solutions for the likes of Aberdeen Royal Infirmary coffee shops, TWMA (oil & gas) Doorsteps Catering, as well as supplying many retail shops & newsagents within the city.

Greenfern bakery is also very experienced in providing outside catering & corporate catering for events.

There is scope to increase turnover with additional opening hours of the retail side of the business and expanding some of the retail lines currently produced along with the possible undertaking of a robust marketing campaign to highlight the products & services available.

This is an outstanding, well run business which offers a new owner the opportunity to take this already thriving business to the next level.

Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment

Tenure

Freehold

We are advised that tenure is offered on a Freehold basis

Hours

Monday – Saturday: 5.00 am – 4.00 pm
Sunday - 6.00 am -12.00 pm

Staff

The business is run by the current owner and 10 staff on a mixture of hours both full time & part time.

Financial Profile

The business has reported a turnover in the region of £489,000 PA

Location

Greenfern Bakery Ltd occupies a large purpose built, ground floor retail premises situated in a small retail parade on Greenfern Road in the popular Mastrick area within the city of Aberdeen.

The business occupies a highly visible trading position set amongst other complementary independent businesses within a densely populated residential area, resulting in a high volume of footfall and passing trade.

The area is well serviced by the public transport system with several bus stops within easy walking distance of the business

Aberdeen is a port city and the UK’s oil capital and is found in the northeast of Scotland, where the Dee and Don rivers meet the North Sea. With an offshore petroleum industry, the city is home to an international population. It's also known as the ‘Granite City’ for its many enduring grey-stone buildings.

The 19th-century Marischal College is typical – a monumental Victorian landmark that’s now headquarters of the City Council.

The city benefits from excellent travel links to all parts of the UK & further afield due to rail links and the international airport situated in Dyce on the outskirts of the city

Premises

The business occupies a substantial retail premises extending to 157.10 m2 and benefits from an excellent takeaway / baker located to the front of the property that can be found in excellent turn key condition after undergoing substantial refurbishment.

To the rear of the premises is the large bake house area which is well laid out with an impressive level of industry equipment required to run such an operation.

The equipment is all in good working order along with all preparation areas and further essential equipment.

At the far end of the premises there is ample storage along with a W/C area & a well fitted office area and a rear entrance for deliveries with an area of parking outside.

The premises also benefits from CCTV, security door and alarm system.

A detailed inventory will be provided by the current owner

The business is well signed and easily visible

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