Internal Ref: B14312
Summary
This Bakery Business For Sale is located in Burwood and has an excellent location in an arcade. Established 30 plus years in this location and is very well known in the area.
Revenue
$286,000 pa
Rent
$34,800 pa
Location Details
Excellent location in an arcade with plenty of passing foot traffic.
Potential
Excellent opportunity for a baker to take over a well-established business or expand into this location.
Skills
You do not need to be a baker, as there is a baker on staff.
Hours
6 Days: Mon - Fri 7am - 5pm; Sat 7am - 2:30pm (Closed Sundays)
Lease
3x3 commenced in May 2020.
Employees
1 Owner FT, 1 FT Staff, 1 PT Staff, 1 Casual Staff
Reason for Sale
Retirement
About the Business
This Bakery Business For Sale is located in Burwood and has an excellent location in an arcade. The arcade is the main thoroughfare between the parking lot and the main road, so has plenty of passing foot traffic. This area is very accessible by public transport and there are many complementary shops around. This is a popular area for students of the nearby colleges and universities to do their shopping and eating.
The bakery has been established 30 plus years in this location and is very well known in the area. It is well-equipped and sells mainly bread, pies, sausage rolls, pastries, doughnuts and cake.
Trades 6 days: Monday to Friday 7am to 5pm and Saturday 7am to 2:30pm. Closed Sunday.
Owner works in the bakery with 1 full-time and 1 part-time and 1 casual staff.
New owner does not need to be a baker, as there is a baker on staff.
Turning over approx. $286,000 per year with rent of $2,900 per month including GST. Lease of 3x3 which commenced in May 2020.
Excellent opportunity for a baker to take over a well-established business or expand into this location. However, you do not need to be a baker, as there is a baker on the staff.
For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.
Ref: B14312
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