Lower North Shore Iconic Cafe/bakery For Sale With Very Low Rent

Business For Sale Sydney, New South Wales 2000

Business Category Cafe and Coffee Shop

$320,000 plus SAV

Description

Lower North Shore Iconic Cafe/bakery For Sale With Very Low Rent

This rare opportunity on the lower north shore needs to be looked at!
An established Café/Bakery is up for sale in a historic location with excellent foot traffic. Operating as a bakery for over 50 years, it boasts a loyal customer base that attends six days a week, Monday through Saturday. It's now ready for handover to a new owner, perfect for an owner-operator capable of advancing operations further.

Selling Sandwiches made to order, cakes, doughnuts, sausage rolls & pies, plus up to 35 kg of Coffee weekly.

Key Features:

• Iconic Location
• High Foot traffic
• Low rent
• Great profits
• New Lease
• Operating as a Bakery for over 50 Years

Inquire today to seize this iconic opportunity.

Lease Details
NEW LEASE:
Commencement Date: 1 February 2024
Expiry Date: 31 January 2029

Premises Details
82 square meters

Staff Details
Two full-time, six casuals

Opening Hours
Monday | 5:30 am–3:30 pm
Tuesday | 5:30 am–3:30 pm
Wednesday | 5:30 am–3:30 pm
Thursday | 5:30 am–3:30 pm
Friday | 5:30 am–3:30 pm
Saturday | 5:30 am–2 pm
Sunday | Closed

Opportunity
It's an ideal venture for an owner-operator skilled in managing either the front of house or the kitchen/bakery.

**Weekly**
Weekly Turnover $18,700
Rent $1,057
Wages $4,800
Net Profit $3,800
Contact Seller
Marc Gehret

Bsale ID: 641603

GSE Hospitality Brokers
Make Enquiry

Thank you, your enquiry has been sent now.