Location:
Berwick 3806 > Melbourne - Greater > Victoria
Investment level:
$750,000
Type:
Business
Industry:
Retail > Food outlets
For Sale: Phil's Pies & Pastries, Berwick. 16+ years, highly profitable (T/O PW $25k+). Great reputation, secure 10 + 10 lease, loyal customers. Fully equipped & staffed. $750k. Contact for more info.
A rare and exciting opportunity has emerged to acquire Phil's Pies and Pastries, a beloved family-owned and operated pie and cake shop in Berwick.
For 16+ years in Berwick, this business has built an enviable reputation for its high-quality pies, pastries, and cakes, becoming the go-to destination for loyal locals and passing trade. You are investing in a highly profitable and sustainable business (T/O PW $25,000+) with a loyal customer base already built-in.
The current owners have nurtured this business into a local icon, and it is now ready for a new operator to step in and continue its legacy of success.
Why Buy Phil's Pies and Pastries?
• Excellent Reputation: A household name in Berwick, associated with quality, freshness, and outstanding customer service.
• Ready for Handover: Fully equipped and ready for a new owner to step in and trade from day one. All systems, equipment and recipes are in place, with two certified pastry chefs and one apprentice, plus ample front-of-house staff.
• 16+ Years of Proven Success: A long and stable trading history demonstrates its resilience, sustainability, and consistent performance.
• Extremely Secure Lease Agreement: 10 + 10 years lease agreement in place since 2017, ensuring lease security until at least 2037.
• Excellent Revenue & Profitability: This business is a strong financial performer. (Full figures available to serious buyers). T/O PW $25,000+.
• Prime Berwick Location: Situated in Parkhill Plaza, with high levels of foot traffic passing by every day.
• Loyal Customer Base: Benefits from a large, dedicated following of repeat customers built over a decade and a half.
• Quality Goods: Famous for its signature pies, sausage rolls, delicious cakes, and pastries.
• Growth Potential: Opportunity to expand by introducing online ordering (i.e. Uber Eats), a local delivery service, wholesale catering, or extending trading hours.
This is a genuine opportunity to acquire one of Berwick's most cherished and profitable businesses for $750,000. It will not last long.
The current owners are willing to provide a comprehensive handover to ensure a smooth transition for the new owner.
A detailed Information Memorandum (IM) and financial figures are available upon signing a Confidentiality Agreement.
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