Established Cake Business - Inner West Sydney, Convenient Location, Close To Transport

Business For Sale Sydney NSW Region, New South Wales

Business Category Bakery Cafe and Coffee Shop Catering

$70,000 + SAV

Description

Established Cake Business - Inner West Sydney, Convenient Location, Close To Transport

Business supplies cafes and restaurants with high quality baked goods.

Long established loyal wholesale customer base consisting of cafes and restaurants across Sydney. Picking up more retail customers through social media marketing.

Monthy Sales: $24,925.07
Rent : $4,479.23
Wholesale COGS: 35%
Retail COGS: 20%
Staff cost: $4,907.50 (including super)
Utility bills: $1,280.42
Others: $1,608.10
Net Profit: $4,791.89

The owner is paying herself around $700 a week in wages and still have between $ XXXXXXXXXX in net profit.

Fully equipped commercial kitchen. All equipment in good working order.

1 x walk-in coolroom, 1 x walk-in freezer, Large triple deck oven and plenty of fridge with one that is almost new.

Double storey shop with only the bottom floor being utilised. Currently top floor used as storage. Plenty of storage room with all new flooring at the back.

Top floor and backyard already have commercial approval and can be turned into seating area, cooking classes or additional kitchen.

There is so much potential for this business and a new owner with drive can easily pick up more clients.

Can be converted into catering business or use as central kitchen.

All assets and equipment worth over $200K.

If you are interested to understand more about the business or getting further financial and other information, please contact Canaan on the enquiry button.

Canaan is a licensed business broker with more than 10 years experience selling all types of businesses throughout Sydney and NSW. So when you looking for a business broker with experience, give Canaan Lim a call today.

*Location description may be approximate and images may not be representative of actual business for sale.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Contact Seller
Canaan Lim

Bsale ID: 579669
Broker REF: 155 lim

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