Summary
Well established bakery and cafe in eastern suburb of Melbourne with 9+ years lease, $250,000 worth of equipment freehold. Turnover circa $700,000 per year with very reasonable rent
Revenue
$55,000 pm
Rent
$6,700 pm
Expenses
$27,000 pm
Net Profit
$16,000 pm
Location Details
1395 Malvern Road, Malvern - VIC 3144
Standalone large bakery and cafe with 45+ seating, 200 square meter area. Has large FOH, bakery, storage area and FOH. Plenty of street parking and a dedicated parking spot
Potential
The potential for the business to grow exponentially is immense with an experienced or right operator. The proudction capacity is subtantially large, where wholesale production can be considered to supply other cafes etc., Uber has recently been introduced and has already impacted business growth
Skills
An experienced businessman to run it under management OR baker/pastry with business acumen
Hours
7 day operation
Mon - Sat 7am - 3.3o pm
Sunday 8 am - 1 pm
Lease
9 year lease available
Employees
Full time Baker, Pastry Chef, Head Barista
Part Time - 2 Baristas
Reason for Sale
Reluctant sale due to health situation of existing owner. 7 day operation and early starts is not conducive to present health challenges
About the Business
For Sale: Well-Established Bakery Cafe in City of Stonnington, VIC - Vendor Finance Available
Reluctantly selling this thriving Bakery Cafe business, which has been successfully operating for over 5 years and has established a loyal customer base. This is a fantastic opportunity to acquire a profitable business with a long lease and impressive sales records.
Highlights of the Business:
1. Impressive Sales Record: With a consistent annual turnover of $750,000 plus for the past 2 years, this Bakery Cafe has built a solid reputation and a strong customer following. The business has been consistently profitable and shows great potential for further growth.
2. Long Lease: The business comes with a highly desirable 9 plus years long lease, offering stability and security. The rent is approximately 15% of the turnover, ensuring a healthy profit margin.
3. Modern Equipment: Included in the sale is over $250,000 worth of freehold equipment, all under 3 years old. This state-of-the-art equipment ensures efficient operations and allows for a wide range of menu offerings.
4. Well-Designed Space: The Bakery Cafe boasts an inviting front-of-house area, providing a comfortable and welcoming atmosphere for customers. Additionally, it features a spacious storage area and a dedicated administration office area, ensuring smooth day-to-day operations.
5. Vendor Terms: The seller is open to vendor terms for the right offer. This means that with an acceptable offer, the buyer can negotiate a flexible payment plan, including an advance payment along with 6 to 12 months of installments.
Don't miss this opportunity to own a well-established and profitable Bakery Cafe in the highly sought-after City of Stonnington, VIC. With proven success and a long lease in place, this business is a turnkey opportunity for an owner-operator or an investor looking to expand their portfolio.
The bakery cafe is ideally located in a bustling area with high foot traffic, surrounded by offices, schools, and residential communities. It benefits from a strong local reputation and positive word-of-mouth, which contributes to its consistent sales growth.
This business offers immense potential for growth and expansion, including the possibility of introducing new product lines or extending trading hours. The current owner is willing to provide support and training during the transition period to ensure a smooth handover.
Take advantage of this rare opportunity to acquire a highly profitable and well-established bakery cafe
History
Operating for more than 5 years and first established by famous food technologist Hein
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