Established Sydney Bakery

Bakery with huge potential to add coffee – ALL REASONABLE OFFERS CONSIDERED – Eastern Suburbs of Sydney beachside location on the main road in a village style local shopping centre. New 5+ 5 lease should be available.  Coffee can be introduced and is allowed by the shopping centre – Priced to sell at $53,000 plus stock and this is a  wiwo price with lots of potential.

Well located near residential, supermarket and other retail, local schools and tourists. Plenty of foot traffic and well established for over 20 years with many loyal customers. Current owner is not a baker and is motivated to sell!!

Key Points:

• Rent $1,664 p.w . plus gst, plus outgoings
• Lease expires May 2024 with a new 5 + 5-year lease should be available to a successful buyer 
• 7 Days – Shopping centre hours
• Net profit $6,000 per month
• Suit a baker or owner operator
• Weekly Sales approx $8,500 – $9,000p.w
• Add another street front entrance (STA)
• 52m2 – the retail front area  approx 15 m2
• Walk in walk out and worth a visit to see potential

Price: $53,000 plus SAV

Listing ID: NSW10612

Broker: Jan Forsyth

Phone: +61 411 510 610
Email: [email protected]

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Keywords: Eastern Suburbs Sydney, Randwick / Coogee Area, Bakery

Ref: NSW10612