About the Business

Own a successful bakery, part of a beloved national franchise, situated in a busy growth corridor of Melbourne. There's significant potential for increased sales and profitability, particularly with a hands-on approach from a husband-and-wife team.

*Sells 35 kg of confectioneries weekly
*Occupies a spot within a busy shopping centre
*Equipped with modern amenities 
*Straightforward operation requiring minimal setup 
*Generates an annual revenue of $1,460,928
*Collaborates with reputable delivery services

Nick & Kristy Kolaitis and the team at LINK Melbourne are thrilled to present a well-established bakery in Melbourne’s iconic Mornington Peninsula to the market.

Established in 2014, this bakery operates with a gross profit margin of 57% and cost of goods at 43%, ensuring financial stability. Selling 35kg of coffee per week generates an annual revenue of $1,460,928.

The business partners with well-known delivery services, averaging $100 and $150 per order. Staffing includes one full-time employee, 12 casual staff and an owner-operator investing 8 hours weekly.

Operating on a 7-year lease term starting in June 2021, the business is strategically located within a busy shopping centre, attracting high foot traffic. Its 25 sqm kiosk with an additional 25 sqm internal seating area accommodates 30 customers. Equipped with modern amenities, including refrigerated display units and a coffee machine, it offers a straightforward operation with all food sourced from the franchisor.

This business presents growth opportunities, particularly with hands-on management. With a simple operation and a secure franchise model with minimal fees, it appeals to owner-operators or families seeking a lucrative venture in the culinary domain. Franchise notes include a $20,000 training fee, 3% on weekly purchases and no royalty fees, making it an attractive prospect for aspiring entrepreneurs in the baking industry.

Listing ID: ME02860
Broker: Nick and Kristy Kolaitis
Phone: N. 0411 428 161| K. 0421 136 415
Email: nick.kolaitis@linkbusiness.com.au |kristy.kolaitis@linkbusiness.com.au
 
Ref: ME02860
Timestamp: 20240325120003