UNDER OFFER - Bakery/Cafe. in Melbourne's Inner West. Cheap Rent. Great Price. $170,000 (16057)

Price

$170,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Food/Hospitality, Retailer

Listing #

ME01553

Melbourne Retailer Business for Sale
Melbourne Retailer Business for Sale

About this business for sale in Melbourne Region, Melbourne

This well known bakery/cafe has long been the go to destination among locals in the area for freshly baked bread, pies, and pastries!

Perfectly positioned on a small local shopping strip in the heart of Seddon, the business is surrounded by quality retail outlets, restaurants, key amenities, and residential properties. The strip sees large rates of foot traffic daily as it is the shopping and dining hub of the suburb and the business sees majority of it’s customers returning on a regular basis.

Key features include:

*Taking $22,000 per week
*Cheap $788 per week rent
*Open 7 days per week
*Sells 20kgs of coffee per week
*High profits
*10 Year lease
*Excellent plant and equipment valued at approximately $300,000
*Bread, pies, and cakes all made onsite
*Get your money back in a year!

For more information please contact Gerry Morelli from LINK, formerly Klemms on the below:
Phone: 0417 353 120
Email: [email protected]

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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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