About the Business

Excellent business opportunity for an owner-operator or investor. This bakery & cafe is one of a kind. It has 2 great locations, established reputation and clientele, and is highly profitable.*9K PW Takings*80% Gross Margin*10KG Coffee PW*3 FT, 3 PT, 1 Casual Staff*6-Day Trade (9am-5pm)*$300K worth of P&E*$552 Weekly Rent*50+ year history*5+5 and 3+3+3 Lease TermsAlam El Basha and the team at LINK are delighted to bring to the market 2 charming bakeries in Melbourne's stunning Eastern suburbs.Selling homemade pies, cakes, breads, cookies, bagels and pretzels this business has a rich history dating back to the 1970's and it can now be all yours!That's right this is truly a unique find with both locations being a hit among locals and are surrounded by a community that is booming with expansion. A strong financial performanceSecured by long leases, both locations are positioned amid shopping strips and near office buildings, the cafe is a perfect breakfast and lunch stop for shoppers, businesspeople, and area residents.It has tremendous potential for growth and is ready for a new owner to take it to the next level. The current owner is open to various transition scenarios in order to help the buyers succeed in the long term.So... What are you waiting for? Contact us today to find out more!Listing ID: 16832Broker: Alam El BashaPhone: +61 3 9819 4211 / 0407 990 000Email: [email protected]
Ref: ME02347
Timestamp: 20240312083232