Moonta
10-12 Ellen Street
Moonta
10-12 Ellen Street
For sale
$280k
For sale
$280k

BUSINESS FOR SALE: Iconic business in Moonta SA “THE CORNISH KITCHEN”

Ask anyone who has been to Australia’s little Cornwall what is the most famous meal to be eaten in the district… the Cornish Pastie of course. There is only the one bakery in the historic town of Moonta adjacent to the popular seaside holiday destination of Moonta Bay and Port Hughes; this could be the opportunity you have been searching for and located only 165km north west of Adelaide.

The population in the Copper Coast has continued to grow past 14,000 residents and swells by many thousands during school holidays and tens of thousands during large bi-annual events such as the Cornish Festival and Yorke Peninsula Field Days.

The Cornish Kitchen’s Cornish Pasties are so popular that they even had a number of celebrities visiting them including Australian professional golfer Greg Norman and Australia’s famous TV Chef Iain Hewitson ‘Huey’! The business has been featured in Discover SA, Making Tracks & other caravan and camping magazines.

They specialise in the baking and selling of mainly savoury pastry goods such as pies, sausage rolls and their famous Cornish Pasties. Their short order menu includes fresh rolls, sandwiches, burgers and hot dogs with options to include many more items. For those with a sweet tooth, there is a good selection of sweet buns and specialty desserts. On average, they bake and sell approximately 1600-2000 items per week. The number of sold items increase during peak times such as holidays and long weekends.

This cosy, family friendly bakery & café offers both dine in and takeaway options for customers convenience and is very popular amongst both regular local customers and tourists passing through the town. The dining area is spacious and comfortable with total seating capacity up to 50. The Café has 42 seats inside and 8 outside.

The kitchen/bakery is predominantly stainless steel and is of commercial standard. All the appliances are in working order and well-equipped to handle the current menu. They also have 1 x cool room in bakery, 1 x cool room outside, 1 x fridge, 1 x chest freezer, 1 x upright freezer and 1 x cake display fridge that makes storage and stock management much easier.

The business is strategically located opposite the central carpark of the Moonta CBD with new public toilet facilities and in close proximity to a supermarket, hardware shop, pubs, clothing stores, bank, post office and other stores. The location ensures a good volume of passing traffic.

The business is currently operated by the 2 vendors with 5 terrific casual staff, trades 6 days per week and generates a turnover of $450,000pa. The existing lease expires mid 2020 and the landlord is keen to sign a new longterm lease.

Training and oversite for the successful purchase could be negotiated. Prior experience in a bakery is not essential, a passion for making good food and willingness to learn will allow you to be very successful here. A couple or partners prepared to pitch in will continue the tradition of this iconic business established in 1980 and further expand it.

Now is the time to step out and be bold… have you always wanted to run your own business and be in charge of your own destiny. The lifestyle that this business and the Copper Coast offers is right up there with the best anywhere in South Australia. Especially when you are only working 7am – 3pm.

Leasehold Sale Price $275,000+SAV (estimated at $5,000)

For further details and any questions contact
Tim Hosking 0419 168 989
HARRIS Copper Coast

Specifications:
Council / City of Copper Coast

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

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Our Agents


0419 168 989
timh@harrisre.com.au

0448 212 066
craigc@harrisre.com.au