Looking to sell?

Rare Opportunity to Own a Tasmanian Baking/Retail & Wholesale Business

TAS
Hospitality
Are you a passionate entrepreneur looking for a sweet investment opportunity? Don’t miss your chance to acquire this highly successful and beloved Tasmanian business in the heart of Hobart.
Asking Price: $248,644

About the opportunity

Established in 2007, this family-owned business has built an outstanding reputation for its decadent handmade creations and extensive range of cake decorating supplies. With two prime locations in Hobart and the charming village of Richmond, the business caters to both locals and visitors

Key Highlights:

  • Iconic Tasmanian brand with strong community following
  • Over 50 wholesale customer accounts across the state
  • Diverse revenue streams from retail, wholesale, and cake supply sales
  • Hobart’s largest selection of cake decorating tools and accessories
  • State-of-the-art ‘Kopy Kake’ edible icing printer for custom designs
  • Tremendous growth potential for cooking classes, new product lines
  • Full commercial kitchen and retail space on site

 

Financials:

  • 2023 Sales: $634,278
  • 2023 Adjusted PEBITDA ( 1 working Owner ): $112,949
  • 2024 Actual & Forecasted Sales: $750,500
  • 2024 Forecasted Adjusted PEBITDA ( 1 Working Owner): $138,208

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