Heritage Shopping Centre Weipa QLD 4874 (Nanum)
PRIVATE TREATY – $1,500,000
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40%+ RETURN WHAT AN OPPORTUNITY!
About this Property
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Off Market Hotels have been exclusively appointed to offer for sale the Weipa Bakery & Takeaway, for sale by Private Treaty.
WHAT AN OPPORTUNITY! Currently operating for 6 days, from 6am – 2pm and closes for a month in January. This business can operate 7 days a week, 365 days a year, outside shopping centre hours. Weipa Bakery, an exceptional opportunity owning a busy bakery & take-away, with all staff covered – YOU DO NOT NEED TO BE A BAKER. This business is fully staffed. The bakery is a long standing business with over 40+ years of trade. First time to market and presents as an exceptional cash flow. Current vendor has been in the business for 28+ years.
The business is located in the local township of Weipa, under lease in the Weipa Shopping Centre. The only shopping centre in the region.
Global miner, Rio Tinto operates its largest bauxite mining complex in Weipa, in Far north Queensland, exporting over 35m tonnes per annum. The workforce is residential and works across three different mining operations (East Weipa, Andoom and the new 2 billion Amrun Operation). Bauxite mining has occurred in Weipa for almost 60 years and the new Amrun operation has a life of 40+ years. Rio Tinto Weipa paid more than $200 million in salaries and benefits to the largely residential workforce in 2023.
High net profit
Only T/A food offering in the shopping centre
Opportunity for longer operating hours to meet demand
Opportunity to operate outside of shopping centre hours
Fully Staffed including bakers
Vendor will support transition for desired time frame
Supported by a huge tourist market yearly
Strong support from local businesses & Rio Tinto