Iconic "Phelan's Pies" - Business For Sale Including Freehold
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(no street name provided), Ayr QLD 4807

$2,125,000

BusinessSize: n/a
E-Property Consultants North Queensland is pleased to present to the market the famous "Phelan's Pies " bakery which has been providing this iconic Aussie staple to the North Qld region for over the last 60 year's.

The time has come for a new owner to take the business further into a very prosperous future with the many growth opportunities on offer such as the further expansion of the wholesale food business and the potential for a drive-thru coffee offering.

The going concern operating business is to be sold along with the freehold properties, on a walk-in walk-out basis. Purchase of the existing business includes; all plant and equipment, freehold property, goodwill, recipe and brand, retail point of sales (POS) system and leftover existing stock on hand.

The current owners are more than willing to train and upskill any new potential owners and are determined to assist in any way to ensure a successful transition.

Well established business with solid turnover, great cash flow and loyal customer base.


Highlights Include:

Iconic Pies, Pasties and Sausage Rolls.

Sale includes freehold property 144 Graham Street, Ayr QLD which is the home of "Phelan's Pies" that encompasses its main bakery facility, retail shop front and drive thru for customer convenience.

Sale includes adjacent freehold property 129 Railway Street, Ayr, QLD which features a residential dwelling on site perfect for an on-site managers residence or can be potentially demolished for further expansion of the bakery facility or drive thru service offering .

Wholesale business also provides food products to "Phelan's Pies" retail outlets located in the Townsville region under a supply agreement with their respective retail partners.

Purchase of the existing business includes; all plant and equipment, freehold property, goodwill, recipe and brand, retail point of sales (POS) system and leftover existing stock on hand.

Operating business currently trades 6 days a week.

(Optional) Potential buyer can also purchase freehold property 146 Graham Street, Ayr, QLD which was previously operated as a fish & chip shop and is located directly behind the main bakery facility/retail building located at 144 Graham Street, Ayr.


To register your interest, please contact marketing agent Mitchell Barnes were you can be provided with a detailed prospectus on this opportunity including high level financial information.

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Key details

Property type:
Business

Other Details

E Property Consultants NQ

Property history

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SummaryMedian sales
Average Age
46 years
Population
8,603
Listing ID: 182520035. This listing has been viewed 0 times. It was first displayed on 14/05/2024 and last updated on 03/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.