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Bakery business for sale in Sydney

  • Bakery
  • Sydney NSW 2000
  • $450,000 (GST na)

M2115 - Business For Sale - Bakery Cafe bakery franchise - Perfect location in Sydney City Fringe - Sales $20,000/w

Cafe - Bakery - Takeaway - Franchise - City Fringe
SBX Business Code: M2115
Cafe & bakery franchise serving tasty breads, fresh pastries, delectable cakes, refresh teas, smooth and rich tasting coffee. - All ingredients delivered from franchise central kitchen. - Famous international brand with over 1100 stores worldwide. - Full kitchen. - 8 seats inside and 20 seats outside. - Set up cost $800k in 2017. - Currently the business is going well and starting to pick up this year after hit by Covid. - The average takings were $29,000 weekly with net profit $ 6100 per week before Covid.

Potential
Huge potential to increase takings to $30,000-$33,000 weekly after market recovery. - Could extend home delivery through internet order system. - Promote local marketing. - If one owner worked full time in the shop and replaced one baker $1400 in wages would be saved a week.

Features
Top location. - Modern design. - High quality fit out. - Great well known franchise brand. - Franchise ongoing support. - No experience necessary. - Full training available by franchisor. - Easy operation. Amazing future potential growth..

Premises
Modern designed and great looking shop with an area of 178 m2 plus approx. 40 m2 outside seating area.

Location
Situated in hub of an exceptional dining area of an Inner City premier shopping centre surrounded by universities and high rise apartment towers.

Trading Hours
7 days - Mon. - Fri. - 8 a.m. - 10 p.m. - Sat. -Sun. - 9 a.m - 10 p.m.

Lease
5 years lease commenced Oct. 2017. - 4% increases. - 3 months bond.

Employees
One owner (working around 30 hours p.w. not on weekend) + 1 Manager + 1 baker + 7 - 8 casuals.

Comments
The rent includes all outgoings. - Currently no franchise fee charged on this store. - The business value will increase after healthy market recovery - Great investment opportunity. - A must to inspect. - Please dont speak to staff when visiting the business.
Figures
Weekly Sales $20000
Rent (ex GST) $3600
Wages $4400
Profit $3290

SBX Business Code: M2115

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Business ID2016975494
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Last updated  1 May 2021
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Business ID2016975494
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  1 May 2021
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
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