Patisserie - Bakery - Cakes - Coffee - Bakery - Patisserie - Coffee - Est 21yrs East Suburbs Syd - Net $4,983 Pw

Business For Sale New South Wales

Business Category Bakery

$150,000

Description

Patisserie - Bakery - Cakes - Coffee - Bakery - Patisserie - Coffee - Est 21yrs East Suburbs Syd - Net $4,983 Pw

Patisserie - Bakery - Cakes - Coffee - Eastern Suburbs - Agent SBX Code Number: G1743

Retail bakery selling traditional French patisseries, cakes, croissants, danish, quiches, pies, bread & biscuits tarts, for takeaway and eat in. - Selling approx. 8 kgs coffee pw.. - Also sells some take home meals and occasional catering requests. - Seating for 2 inside and 12 outside.

Potential
Could offer crepes or other breakfast offerings. - Potential to offer sandwiches or baguettes for lunch items.

Features
Well established business. - Same owner 24 years. - Great reputation. - Fully equipped kitchen. - Regular customers. - Excellent reviews. - Freshly baked with high margins.

Premises
This business has an area of 70 sq mts with a full kitchen and walk in cool room & freezer.

Location
Prime cafe & supermarket strip location in the heart of a busy suburb in the Eastern suburbs.

Trading Hours
6 days - Mon. - Fri. - 700 a.m. - 500 p.m.-Sat. - 7 a.m. - 4 p.m. - Sun. - 7 a.m. - 2 p.m. Closes Tuesday

Lease
5 year + 5 year lease commenced Nov. 2014. - CPI annual Increases. - 2 months bond. - A new 5 year lease could be negotiated.

Employees
2 owners (husband & wife)

Comments
One of the owners (the husband) would be willing to stay on as the Pastry Chef if required. - Weekly average figures shown are based on the 2023 FY Profit and Loss and exclusive of GST and is for 2 owners. Financials will be available for serious buyers. - Misc .-1 - Assorted expenses incl. Workers Comp. - Misc.- 2 - Accountants fees

Agent SBX Code Number: G1743 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 525454
Broker REF: G1743

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