Business Sold Victoria
Business Category Bakery Cafe and Coffee Shop
SOLD
Description
Footscray Plaza’s Bakery
A "must sell" turn-key bargain; take over an established bakery of 26 plus years in an ideal location opposite Coles with a team of trained casual staff, substantial turnover, and returns to an owner-operator during COVID-19 lockdowns.
The current Vendor owns three other successful businesses and needs to focus time and energy there - he can no longer commit to the travel to all four businesses. The bakery is successful but must sell ASAP - the landlord is very supportive of a new owner continuing the business.
The bakery has a secure lease below the average market rental. The new owner will receive a free refurbishment of all Bakers Delight branding as the business will no longer trade under the Franchise. All plant and equipment is included in the sale price and can be found in Plant & Equipment list in the Business Summary.
The key features of the business are:
• An ideal location in the plaza opposite Coles sees regular returning customers
• The central location is also an advantage for customers to shop local and support small, family-owned businesses in the area
• By providing a fresh, quality product and excellent customer service, competitors are left to sell wholesale baked bread in the supermarket or Hot Bread Kitchens located outside the central shopping district
• There is no other bakery in the immediate area that bake using traditional scratch methods and range, baked fresh every day
• The team of staff are all trained and responsible for sales and nightly cleaning
What makes the bakery successful?
Target customers come from the local businesses and surrounding community that visit the Footscray Plaza. The foot traffic is constant, and no additional advertising is required. Just the smell of freshly baked goods to bring shoppers to the counter.
There is the opportunity for the new owner/s to review and expand the range to attract more customers. Being part of the Bakers Delight franchise has restricted the current owners from selling new products.
If you are looking for a turn-key bakery business with a trained team and all plant and equipment included in the sale at a bargain price, then enquire now.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Asking Price: $50,000 includes P&E and Store Fit-Out (Must Sell)
Finn Business Sales
Greater Melbourne
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Broker: Chris Capponi
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