This is a fantastic opportunity to acquire an extremely reputable bakery specialising in European sourdough bread and cakes, including freehold property. Perfectly positioned on a busy main road in the heart of the St Kilda and Balaclava area, the shop is surrounded by residential properties, key amenities including major supermarkets and pharmacies, and is next door to a bustling train station, brining endless foot traffic to the area daily. The shopping strip is busy at all hours of the day and is the go to destination among locals for all their shopping and dining needs.
The large 420sqm shop is spacious and well fitted, including an extensive list of commercial baking equipment, a modern cafe out the front, an office space upstairs, and rear access for distribution purposes. The premises can also be rearranged as to provide separate access to the office upstairs creating an increase in rental potential.
Key features include:
*Taking $22,000 per week
*Open 7 days per week
*Iconic business within the area
*Fully equipped and fitted, extensive commercial baking equipment included
*Lots of potential, can increase takings through the wholesale component and marketing
*Modern cafe out the front with windows opening up onto a busy main road
Business & Property for sale now. Tremendous opportunity.
For more information please contact Kristy Kolaitis from LINK on the below:
Phone: 0421 136 415
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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