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Refer to Broker
$2,600,000
Business Broker
Melbourne
Available for acquisition is a Bakery and cafe built on 6 decades of operational legacy, operating on prime commercial space and serving a dedicated customer base. The business demonstrates exceptional sustainability and resilience, delivering very high profits annually. Its fully managed operations and competent staff present an excellent opportunity for investors seeking a profitable business with minimal management requirements.
*60 years of operational history
*Prime location
*Diverse income stream
*$2,340,000 annual takings
*Fully managed operations
We are pleased to present a seasoned business that has served fine brews and pastries in Wodonga for decades.
The business operates in a high-traffic area, surrounded by residential properties and other commercial establishments. It has secured a loyal following with excellent customer service and a solid brand presence.
With over $1.2 million in annual takings and almost $500,000 net profit, the business exhibits healthy profit margins. Beyond dine-in offerings, it also features catering services and presents a potential additional income stream through delivery expansion, facilitated by a 2010 Toyota Hiace van included in the sale.
Its current leased premises have an ongoing term set to last until 2025, with a 5-year option. The arrangement offers a security of tenure, ensuring continued operations.
The business is run under management, with an experienced staff consisting of a pie maker, three bakers, a front-of-the-house manager, a chef, a kitchen hand, six front staff and five casuals. Key personnel hold full-time positions and are committed to staying post-acquisition.
To get more details on this top-tier acquisition opportunity, call Alam today!
Listing ID: ME03161
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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