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Refer to Broker
$2,195,317
Business Broker
Melbourne
Available for acquisition is a longstanding bakery that operates seven days a week. The business specialises in old school bakery goods, and has a big wholesale division. It is located along a commercial strip in a residential area with excellent foot traffic.It has an indoor kids playground ideal for parties. This freehold/ business is ideal for owner-operators seeking to acquire an established food venture with a property included in the sale.
*$2,195,317 in Revenue (FY 2024)
*Plant & Equipment valued at $771,200
*Sale includes freehold valued at $880,000
*Operates for seven days a week
*Multiple opportunities for expansion
The business has been operating for more than 60 years and has become well-known for its variety of offerings, including pies, sausage rolls, doughnuts and eclairs among others. It operates seven days a week and is supported by a team of 18 staff members composed of 6 full-time and 12 casual employees.
The business can accommodate 75 indoor and 85 outdoor seats, making it an ideal location to host large groups and events. The modern and spacious fit-out includes a walk-in cool room, freezer, kid’s playground and was recently fitted with solar panels. It has 4 delivery vans that deliver to the region daily. The sale will include a four-bedroom residence with an inground pool in an excellent neighbourhood location.
Contact Grant today and start your own successful business!
Listing ID: ME03146
Broker: Grant Findlay
Phone: 0402 617 884
Email: grant.findlay@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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*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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