Wholesale / Retail Bakery And 2 Bedroom Apartment – Clovelly, Nsw

Business ID: BS157557 - TURNOVER: $614K – CLOSE TO BEACHES – UNTAPPED POTENTIAL

This is an exciting opportunity for a Baker seeking their own business within walking distance of several Eastern Suburbs beaches.

Alternatively, it is an attractive investment for a larger bakery chain that can bake off-site and use the kitchen space for seating.

Either way, there is great potential to add seating to attract passing trade and substantially boost sales.

· Supplies the Eastern Suburbs with Bread, award-winning Pies, freshly made Sandwiches and Coffee

· Established by the current owner in 2009

· Long standing relationship with Retail and Wholesale customers – the latter for over 10 years

· Wholesale customers range from cafes to retail food outlets

· Large Commercial Kitchen with second prep room attached

· Vacant 2-bedroom Apartment upstairs with separate entry, garage and rear lane access

· Extensive equipment list plus optional 2018 Renault Traffic for deliveries

· 1.5 years left on current lease with a 5-year option to renew (Landlord willing to negotiate)

· Social media in place – Business would benefit from the addition of a website

· Owner operated with a F/T pastry chef – who is happy to stay or leave - plus 2 casual shop assistants

· 1 month’s training / handover

This well-established and proven business offers so much potential!

As well as adding seating areas, the buyer could also source new wholesale customers to boost their revenue.

The upstairs apartment could be used by the owner for zero living expenses – or rented out for extra income.

Having been in business for 25 years, the current owner is ready to pass on this little gem to the next person to see it flourish.

The beachside suburb of Clovelly is the perfect place to live and work! Just 8km from the CBD, it is peaceful, friendly and convenient.

PRICE: $100,000 +SAV or $120,000 +SAV with vehicle included

Property Code: 3806