Iconic Bakery Cafe In The Heart Of Northcote

This bakery has been established since 1987. It is located on a very busy main road with high foot traffic. It is a staple in the area. Very popular with locals and surrounding residents and businesses. Has long term catering/wholesale clients. Extensive equipment list for the production of pies, pastries etc. Steady and strong weekly turnover. As of this September, there will be in excess of 250 tradies on a daily basis. This major construction site will be active until the end of 2025!!

This business has the following:

* Annual turnover of $1.2 million pa
* Serves 30kgs of coffee pwk
* Trades 6 days with 4pm close
* Closed on Sundays
* Long-term and experienced staff
* Fantastic long lease till 2039
* Good rental of $1660 pwk
* Large premises of 230sqm
* Has 2 private carparking spots
* Very simple operation
* Only 30% of products are made inhouse
* Seating for 24 inside and 6 outside
* Extremely well equipped
* Great profit margins
* Ideal for a family run business

Quote REFERENCE (YPABB 0028)

Please contact:
Marleine on XXXXXXXXXX

** Price of $459k plus SAV