Bakery Cafe Northcote (mp028)

Business For Sale 0028 Address on Application, Melbourne, Victoria 3000

Business Category

$450,000

Description

Bakery Cafe Northcote (mp028)

This iconic bakery has been established since 1987. It is located on very busy High street with high foot traffic. It is a staple in the area. Has long term catering/wholesale clients. Extensive equipment list for the production of pies, pastries etc. Steady and strong weekly turnover. Due to a large construction site, there is over 250 tradies on a daily basis. This major construction site will be active until the end of 2025 to early 2026!
No bread is baked on site!!!

This business has the following:

* Annual turnover of $1.4 million pa
* Fantastic long lease till 2039
* Excellent rental of $1228 pwk
* Serves 30kgs of coffee pwk
* Trades 6 days with 4pm close
* Closed on Sundays
* Long-term and experienced staff
* Large premises of 230sqm
* Has 2 private carparking spots
* Only 30% of products are made inhouse
* Seating for 24 inside and 6 outside
* Extremely well equipped
* Great profit margins
* Vendor will assist for 3 months after settlement, if required
* Ideal for a family, Investor or experienced operator

Quote REFERENCE (MP028)

Please contact:
Marleine Porcellato XXXXXXXXXX

** Price of $450k plus SAV
Contact Seller
Marleine Porcellato
  • Marleine Porcellato

Bsale ID: 648306
Broker REF: R2-4125437

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