Newtown Cafe & Bakery Under Management, $29k/week

This under management cafe/patisserie has a long standing presence in the centre of Newtown. This is a well known establishment and attracts customers from across Sydney.

The cafe has no shortage of year-round trade as well as a growing and profitable wholesale business. Everything is made in-house so it provides the cafe with a point of difference in its offering which cannot be replicated. Seats 25, fully licensed and well equipped. Recent updates in equipment make the operation more efficient, increase production, reduce labour costs and increase profitability. Run under management, so no experience in baking required as the team in place is very strong and the products made are simple. Training/handover can be provided. No overnight baking or preparation.

Currently operating seven days a week from 10am until 8pm (Sunday 11am to 6pm). The core business is generated from the cafe which sells a wide variety of sweet and savoury products. The business also has an established and growing wholesale revenue line which has grown and will continue to grow considerably over the next few years if the emphasis is applied. A new owner could continue to expand this side of the business as there is strong demand for the products and limited competition.

The opportunity also exists to open additional retail shops/kiosks as the production space could be further utilised.

Run under management by an established team, the business shows great average sales of $29k/week for FY24. The staff roster is well structured and efficient with production hours for the bakers operating staggered between the hours of 6am to 4pm. No baking experience required! Training can also be provided.

The business has achieved a level and branding that many would be envious of and would make a highly desirable acquisition to any purchaser willing to look at further reigning in the costs and expanding the retail and wholesale presence.

Capture and grow the enormous goodwill and branding that this cafe patisserie has already established. Expand the wholesale operation, extract further profit from the retail operation and decrease the costs further these are all achievable targets for a more profitable business. Addition of further retail sites/kiosks is also an option. Opportunities like this this don't come along that often and if you are in the market for something special then this opportunity would be worth enquiring about.

Premises Details
The business is in excellent condition & occupies approximately 138m2 (74.17m2 BOH & 64.15m2 FOH) w/ seating capacity of 25 inside. Fitted w/ all the necessary bakeryequipment to enable expansion, including coolroom, ovens, freezers, mixers & benches. Male & Female toilets on site.

Staff Details
The business is currently run by the following staff:
Bakery:
1 x Full Time Savoury Cook
1 x Full Time Pastry Chef
1 x Casual Pastry Maker
1 x Full Time Pie Maker
1 x Full Time Kitchen Hand
1 x Casual Kitchen Hand
Cafe:
1 x Full Time Cafe Manager
5 x Casual Cafe Allrounder

*Weekly*
Coffee Sales 10kg
Sales $29,455
Rent $2,292
Wages $9,397
Net Profit $4,231