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Refer to Broker
$858,000
This profitable Ferguson Plarre Bakehouse in Melbourne's northern suburbs has been operational since 2009. Featuring a modern fit-out and high foot traffic from a busy shopping centre, the business sells 32 kg of coffee per week and takes $858,000 per annum. The business has excellent exposure and ample expansion opportunities.
*$858,000 annual Sales
*100 sqm premises
*Lease terms until 2034
*Fresh pastries delivered daily
*Seating capacity of 40
*32 kg of coffee sold per week
Nick and Kristy Kolaitis and the team at LINK Melbourne are thrilled to present an established Ferguson Plarre Bakehouse in Melbourne’s northern suburbs to the market. The business is part of a popular bakery and café franchise that offers tremendous support to franchisees. Operations of the business do not require in-store cooking with all food delivered fresh daily. The business benefits from strong coffee sales, selling 32 kg per week contributing to its excellent revenue stream.
The business occupies 100 sqm modern premises that feature 24 indoor and 16 outdoor seats. Moreover, the location of the business enables it to benefit from high visibility and foot traffic due to its prime location outside a busy shopping centre. A 10-year lease with a monthly rent of $4,949.65 and minimal overheads add to its appeal, making this a promising opportunity for growth and profitability.
The business operates efficiently with a lean team of 1 part-time owner, five staff and four casuals. Due to the excellent systems in place, new owners may maintain part-time roles within the business to benefit from lifestyle flexibility.
To know more about this business, give us a call today!
Listing ID: ME03039
Vendor: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
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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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