Price
$599,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Bakery
Listing #
ME02835
Currently on offer is a well-regarded bakery cake shop in a northern Melbourne suburb specialising in fresh-baked bread, cakes, sweets and fresh ground coffee. It has been a crowd favourite, receiving plenty of great reviews, which has enabled it to generate leads online.
*$1,456,000 average annual takings
*$572,000 average annual net profit
*5+5+5-year lease
Alam El Basha and the team at LINK Melbourne are thrilled to present a well-established bakery to the market. It is ideally located in a northern Melbourne suburb where it serves a wide range of freshly baked bread and pastries as well as large cake selection and desserts
The business has an idyllic location in a busy, well-known local shopping centre. It is surrounded by a busy supermarket, other retailers and bottle shops. The business is also close to schools and residential buildings.
The premises come complete with all the plant and equipment required for operations. The shop spans 160 sqm as a grab-and-go establishment with no sit-down dining available. There is plenty of parking, enabling ease of accessibility for customers and staff members.
The business is operated by a father-and-son team of owners, two full-time staff members and five part-timers. All staff members are fully trained in operations and will be able to help new owners settle into their roles upon taking over.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: ME02835
Broker: Alam El Basha
Phone: 0407 990 000
Email: [email protected]
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
