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Code

RB318

Business Type

Bakery

Area

Eastern suburbs

Business Established

Late 2016 (Former Brumby's site)

Lease Remaining

Expires November 2021 + 5-year option

Rent (excluding GST)

$3,755 per month + $845 per month outgoings

Vendor's Hours

Nil

# of Staff

Full time Baker + 1 Full time assistant + 6 casuals (varies)

Trading Hours – Mon to Fri

5.00am - 5.30pm

Trading Hours – Sat to Sun

5.00am - 4.00pm

Approximate Turnover (excluding GST)

FY 2018 $688,000 - NO wholesale!

Reason for Selling

Retirement / consolidation

General Information

NO FRANCHISE FEES TO WORRY ABOUT!!!

Great desirable leafy suburb with reasonably high disposable income!

Situated within a well frequented shopping precinct, with a very captive pedestrian flow. The
tenants in the complex will ensure people are walking literally past your doorstep for many
years to come. EXCELLENT LOCATION!

Business size 80m2 + alfresco

Great set-up with new and quality reconditioned equipment needed to operate the business
Supplier Coffee machine (5 kg per week approx.)

Permitted use - Hot Bread Kitchen / Bakery

SAV approx. $5,000

Potential includes:
The cafe side of the business could be promoted e.g. breakfast and lunch offerings taking advantage of the alfresco seating arrangement - plenty of passing trade!
Introduction of catering as it is suited to the area. Introduction of wholesale offering

Currently the owner does not work in the business

Approx. Product Mix: 40% bread, 60% other products. Cost of goods approx. 28.5%

Range includes: Bread, Pies, Slices, Cakes, Coffee. Cold drinks

Ideally suited to an owner /operator who could potentially realize $160,000 profit EBITDA

Asking Price

$ 260,000 + SAV (est. $5,000)

 
For more information, please contact:
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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