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Bakery And Sandwich Shop Northern Beaches Cf For Sale

Manly, New South Wales, Australia
Asking Price:
$495,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $495,000 + SAV
- Categories: Food/Hospitality
Average Weekly Turnover $23,000.
Average Weekly Profit to owner $9.500 (P)EBITDA.
Serving Breads, Buns, Gourmet Sandwiches, Pies & Sausage Rolls, Cakes, Slices, Pastries etc.
Thousands of Sandwiches and Rolls served Weekly.
Prime Position situated in beachside location on a busy Shopping Strip.
Long Lease 4 + 5 Years.
Cheap rental around 5.5% of turnover.
There is a significant wholesale element to the business.
The replacement value of the equipment is estimated by the owner to be around $300,000.
Limited Direct competition in the surrounding area.
A large grab and go element to the business.
Situated in a high income demographical area.
Surrounded by a hotels, Banks, Chemists, Restaurants and other Retail Businesses.
Increase turnover by establishing a website and conduction social media marketing.
100's of surrounding parking spaces.
All equipment is unencumbered.
Significant development in the surrounding area bringing a higher occupancy to the area.
1000s of daily passing traffic.
Summer is coming, get in now in preparation for the busy summer trade.
Secure this business now before it is Sold.

Ref# 166
Clifford Forster

Please note:
The purchaser is to do their own investigation into to the business and not rely upon warranty or statement made by the vendor or anyone on their behalf.

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