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Bakery business for sale in Sydney

  • Bakery
  • Sydney NSW 2000
  • $749,000 (GST na)

Iconic Bakery Cafe, Southern Sydney. | Id: 1058

This well known institution is highly profitable with a strong reputation, attained from the owners passion, skill and commitment to high quality, authentic baking. The bakery is extremely popular with residents and professionals of the local community. It is a truly unique offer providing aspirational / lifestyle appeal and outstanding financial returns for the astute baker, patisserie or investor.

Key features are as follows :

* Beautifully appointed, modern fit-out with high-tech time saving equipment.

* Excellent combination of 40 indoor and covered alfresco seats across the 120 sqm footprint.

* Prime location within a bustling village shopping strip with easy access for cars to park in street.

* Currently trading 7 Days per week from 7am to 3pm.

* Generous 5 year lease term to August 2026 (another 5 year extension can be negotiated).

* Average sales $24,000 per week.

* Owners trade only 48 weeks per year and still achieve near AUD $1.2mil sale per annum.

* Extremely low rent $995 per week exc GST.

* Coffee volume up to 25kg per week.

* The menu features fresh and famous Portuguese tarts and amazing. authentic breads baked daily from the purpose built bakery kitchen. Plus rolls, wraps & sandwiches, cakes , pastries and great coffee.

* Enormous potential for genuine growth and value add opportunities.

* Great rear access , storage and garage car park.

* Business could easily be run under management or owner operated.

* Genuine reason for sale (owner has other business ventures).

* Very Strong social media base and outstanding feedback from online review platforms

If you would like to know more about this business please complete our online confidentiality agreement here:

https://www.abbabusinesssales.com.au/ca-forms/ca-form-1058

or visit our website www.abbabusinesssales.com.au and use the reference #1058 to search for the business.

Property Code: 1058

Eddie Spurr
Abba Group
Eddie Spurr
Abba Group

Business Highlights

Business ID2016869018
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Last updated  16 Mar 2021
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Eddie Spurr
Abba Group
Eddie Spurr
Abba Group

Business Highlights

Business ID2016869018
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  16 Mar 2021
Abba Group
Level 1, 183 Harris Street Pyrmont NSW 2009
Eddie Spurr
Abba Group
Eddie Spurr
Abba Group

Ask Eddie Spurr about this business

Eddie Spurr

Eddie Spurr

Abba Group

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0417 251 015
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