Sold

HIGH VOLUME BAKERY CAFE, SOUTHERN SYDNEY. | ID: 1058

This well known institution is highly profitable with a strong reputation, attained from the owner’s 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 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 7 am to 3 pm.

* Generous 3 x 5-year lease term to August 2036

* Average sales $26,000 per week.

* Average profit to owner $14,800 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.

Suburb Sydney
Price SOLD
Property Type Business
Property ID 1058
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

Quick Links

Agent Details

Eddie Spurr photo

Eddie Spurr

0417 251 015
View Profile

What our clients say

Eddie was very helpful with the sale of my business. It was quite a long drawn out sale, however he found a motivated buyer and helped us both jump through the hoops for the landlord. I would use Eddie...

Elliot Cryer

We recently had the pleasure of working with Saurab to purchase our business, and we couldn't be happier with the experience. From the very beginning, Saurab demonstrated exceptional professionalism and...

Manisha Vekaria

Where to start, I was very fortunate to be given Eddie Spurr's from the ABBA group's number from a former restauranter who had sold their business with him, after dealing with many arrogant brokers in...

Kim Camilleri

However with Geoff Harrison guiding me through the sale process the task became much easier. Geoff was able to plan the information required, compile it for any buyer and was the master of communication....

H.E. - Hawks Nest - Post Office & Newsagency

Geoff is the first business broker I have ever heard of who completes the transaction completely remotely and seamlessly. This was essential for my deal as it was done during Covid-19 time.   Negotiation...

Jeba Anbiah

As the Owner of One of Perth’s Leading Hairdressing Salon, I have had the pleasure of knowing Geoff Harrison for over 20 years in the Hairdressing Industry. Geoff was instrumental in introducing...

Tony Faranda