Well-known Takeaway Cafe/bakery For Sale - Very Low Rent

Business For Sale Milsons Point, New South Wales 2061

Business Category Bakery Cafe and Coffee Shop Takeaway Food

$320,000 + SAV

Description

Well-known Takeaway Cafe/bakery For Sale - Very Low Rent

This rare opportunity on the lower north shore needs to be looked at!
An established Cafe/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 am3:30 pm
Tuesday | 5:30 am3:30 pm
Wednesday | 5:30 am3:30 pm
Thursday | 5:30 am3:30 pm
Friday | 5:30 am3:30 pm
Saturday | 5:30 am2 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**
Turnover $18,700
Rent $1,057
Wages $4,800
Net Profit $3,800
Contact Seller
Marc Gehret

Bsale ID: 645560
Broker REF: 79698

GSE Hospitality Brokers
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