Sold

Highly Profitable - Premium French Style Patisserie in Sydney\'s Ryde area

 

This highly profitable and popular french style patisserie is for sale in the desirable  affluent area of Ryde. The owner, a corporate professional, has not been able to give the business the attention it needs to continue its growth through optimising expenses and input operational changes to improve the business\'s efficiency and profitablity

 

Business Summary



    • Turnover for 2017 was $446,786 above the previous year trading

 

    • Premium fit out of $150,000 spent upon inception in December 2015

 

    • Main road location in the suburbs local retail & commercial business hub

 

    • Increased profitability potential through staff consolidation

 

    • Long Lease Term of - 2 Years + 5 year + 5 year options 

 

    • All equipment is unencumbered and will remain in the business with a value of over $80,000

 

    • One full time owner operator - wage included as an expense on P&L

 

    • One absent owner whom funded the operation



 

This business is profitable enough to normalise expenses and run under management. As well as being suitable for an owner operator, which will maximise the businesses profits. 

Suburb Putney
Price SOLD
Property Type Business
Property ID 376
Category Food/Hospitality, Food/Hospitality, Retail

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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...

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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...

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