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Bakery business for sale in Sydney

  • Bakery
  • Sydney NSW 2000
  • $370,000 (GST na)

FMT1027 - Business For Sale - Bakery Bakery - Cafe -Wholesale - Retail - Lower North Shore - Nsw - Profit $6820.pw

Bakery - Patisserie - Cafe - Wholesale - Lower North Shore
SBX Business Code: FMT1027
Bakery and French patisserie producing the most excellent freshly made bread, savory, pies, sausage rolls, pastries and cakes. Also serves breakfast and lunch. - The wholesale section of the business supplies high quality, hand crafted bakery products to a network of hotels, cafes, restaurants and other food retailers. - Delivers freshly baked products 7 days a week to most locations in the Sydney metropolitan area, which consists of artisan bread, pastries, cakes, savories, gluten free and special dietaries products. - 55 seats inside - Licenced

Potential
Current owner has lost focus on wholesale side of the business which could boost revenue. - Trading hours can be extending approval 6 am to 8 pm daily. - Hands on owner can reduce wages.

Features
Two businesses in one. - High turnover operation with high profits. - Large well equipped operation. Same original owner.Long new lease

Premises
This business occupies an area of 280 sq. including baking facilities, coldrooms, and a office.

Location
Situated in exclusive suburb with high foot traffic area and close to all amenities in Lower North Shore.

Trading Hours
7 days - Mon. to Fri. - 6 a.m. to 3.30 p.m. - Sat. to Sun. - 6 a.m. to 3 p.m.

Lease
Current lease commencing 15th September, 2019 for 5 years + a further 5 year option - C.P.I.increases - 3 month bank guarantee.

Employees
One owner only works 14 hours per week (2 hours per day ) 3 full time staff + 6 casual staff

Comments
The bakery would suit a purchaser with experience in retail / wholesale production / baking. - Suit pastry chef / owner operator or similar who is looking for a business with an excellent reputation. - This is a fantastic business that needs a focused and experienced owner to pursue growth opportunities. - First time on the market in 11 years and a motivated seller. - The lessee is permitted to sublease any space from the leased premises, subject to council and landlord approval.-By subleasing around 40 sq.mts. of the premises rent can be reduced by $32k per year. - Misc. -1.- Super, GST, accounting, rubbish removal etc Wholesale approximately $10000 per week of which 80 percent is bread .
Figures
Weekly Sales $25000
Rent (ex GST) $2875
Wages $7150
Profit $6820

SBX Business Code: FMT1027

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2015600068
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Category
Last updated  2 Sep 2019
Map for Sydney NSW 2000Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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