Lifestyle, Low Rent, Exceptional Returns
Originally established some 50 years ago, Redwood Bakery is simply 'part of the furniture' in Blenheim. Located in a long established shopping precinct and close to a major supermarket, the bakery is a compulsory destination for local residents, workers on the move, and the many tourists who transit through or stay in the city.
The bakery serves a complete range of highly appetising kiwi bakery product, with daily customer queues confirming that the fare absolutely resonates with mainstream customers. The extent and consistency of earnings amply demonstrates how well founded this business is.
With a bakery manager and full contingent of bakers in place, the owners work just 4 days per week. It goes without saying that the front of house, bake house, plant & equipment and supporting systems are all top notch.
The current owners also own the building and will, therefore, write a lease which ensures continuity for the new owner. Rent will represent just 2% of revenue approximately.
Blenheim itself is a small city nestled at the top of the South Island of NZ in the Marlborough region. This is one of the sunniest towns in New Zealand all year round, and a short drive from the beautiful Marlborough Sounds. Blenheim is also New Zealand's largest grape growing and wine making region, with some 65 wineries and 290 grape growers. ASB Bank reports that the Blenheim horticulture sector is in rude health, and the housing market activity is strong, combined with a solid pipeline of construction work ahead.
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This bakery is as good as it gets. If you want to change your life, contact me now, Gerard Dunne - 027 220 8277.
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