Internal Ref: B14881
Summary
An outstanding opportunity is now available to own a well-established bakery and cafe in a south-eastern Melbourne suburb.
Revenue
$100,000 pm
Rent
$7,780 pm
Hours
Monday to Friday: 6am to 6pm, Saturday: 7am - 6pm, Sunday: 10am to 5pm
Lease
10 years commencing on 1/6/2017 plus 1 further term of 10 years
Employees
1 FT owner (pastry cook), 1 FT pastry cook, 1 PT pastry cook, and 6 PT staff members.
Reason for Sale
Retirement
About the Business
An outstanding opportunity is now available to own a well-established bakery and cafe in a south-eastern Melbourne suburb. Operating since 2009 under the same ownership for 16 years, this business offers a diverse range of products, including pies, cakes, and coffee, all made on-site.
Key Features:
- Financial Performance: Consistent weekly takings of $25,000.
- Assets: Includes equipment valued at approximately $200,000.
- Lease Terms: Secure 10-year lease commencing June 1, 2017, with an additional 10-year option.
- Rent: $7,780 per calendar month, inclusive of GST.
- Staffing: Supported by a team comprising 1 full-time owner (pastry cook), 1 full-time pastry cook, 1 part-time pastry cook, and 6 part-time staff members.
- Operating Hours: Monday to Friday: 6am to 6pm, Saturday: 7am - 6pm, Sunday: 10am to 5pm
The bakery is renowned for its extensive menu, featuring lunch and family-sized pies, small cakes, large cakes, and party packs. All products are crafted on the premises, ensuring quality and freshness.
The current owner is seeking retirement but is committed to facilitating a comprehensive handover to ensure a smooth transition for the new owner.
For more information or to arrange a confidential discussion, please contact Chris Panagiotidis at 0433 582 533 or Elle Likopoulos at [email protected].
Ref: B14881
History
Established 2009 - 16 years
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