Price
$69,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02533
Currently on offer is a bakery/café operating in a busy shopping strip. It has been favoured by locals in the area for 20 years, establishing it as an institution business.
*$6,000 average weekly takings
*12-year lease
*7-day operations
*130 sqm premises
*$120,000 worth of plant and equipment
Nick Kolaitis, Kristy Kolaitis and the team at LINK Melbourne are thrilled to bring to the market this longstanding bakery. It has been operating since 2003, establishing itself as an institution business. Specialties of the business include fine Danish and Australia pastries.
It has the facility to further increase its product range through its full commercial bakery and kitchen. The business may also be converted into a café to potentially generate more demand.
The business is located on a busy main road along a shopping strip. As such, it is exposed to high rates of foot and vehicle traffic daily. Plenty of customer parking enables increased accessibility.
Included in the sale are $120,000 worth of plant and equipment, all of which are owned by the business. Purchasers are not expected to make additional capital investments, enabling the business to be a turnkey acquisition.
To learn more about this exciting opportunity, contact us today! We would be glad to share more details with qualified purchasers.
Listing ID: 17084
Broker: Nick Kolaitis / Kristy Kolaitis
Phone: +61 3 9819 4211 / +61 411 428 161 / +61 421 136 415
Email: [email protected] / [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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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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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