Iconic Local Bakery | Highly Profitable & Well Established - Altona

Business For Sale Altona, Victoria 3018

Business Category Bakery

$470,000

Description

Iconic Local Bakery | Highly Profitable & Well Established - Altona

An iconic, family-owned, and operated bakery and cafe located in the heart of Altona.

This could be the perfect opportunity for a passionate baker or pastry chef or energetic individual to take the plunge to be their own boss.

- Well established over 24 years of operation

- Profitable and established bakery with turnover $1 Million approx.

- Large Premise - Low Rent only $740 per week

- Large customer base, growth potential

- Family-owned & operated

- High turnover - Excellent net profit

- Well structured - big bakehouse, fully commercial bakery, well equipped & functional premise for big orders & wholesale

- Extensive training and handover period provided to the new owners

- Owners ready to retire after 32 years in the bakery industry

This hand-craft bakery offers a comprehensive range of freshly baked goods including award-winning pies, sausage rolls, bread, sweet pastries, slices, buns, and cakes; all baked on-site in the commercial kitchen using only the freshest ingredients available.

This bakery currently runs at around $1mil turnover and excellent returns to the working owner. A trusted and well-known outlet with strong community engagement and 90% repeat customer trade. A prime spot in the heart and soul of the town with plenty of parking, the location makes it easy and convenient for customers. It does not get any better than this.

To discuss further this business opportunity, please contact:

Sumit Vishal - Licenced Estate Agent & Business Broker

M: XXXXXXXXXX E: XXXXXXXXXX

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This business is exclusively listed with Achiever Business Brokers.

Disclaimer: The information in this advertisement is what has been disclosed to Achiever Business Brokers by the vendor. Achiever Business Brokers cannot guarantee and are not liable for the information provided by the vendor. Achiever Business Brokers strongly advise that any prospective purchaser do their due diligence to verify the sales and financial performance of this business along with consulting with their professional advisors prior to committing to any purchase of the business.

Property Code: 183
Contact Seller

Bsale ID: 564351
Broker REF: achiever_49_140

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