This bakery business for sale is located in Burwood and has an excellent location in an arcade. The arcade is the main thoroughfare between the parking lot and the main road, so it has plenty of passing foot traffic.
This area is very accessible by public transport and there are many complementary shops around.
This is a popular area for students of the nearby colleges and universities to do their shopping and eating.
The bakery has been established for 30+ years in this location and is very well known in the area.
It is well-equipped and sells mainly bread, pies, sausage rolls, pastries, doughnuts, and cake.
Trades for 6 days: Monday to Friday, 7am to 5 p.m., and Saturday, 7am to 2:30 pm. Closed Sunday.
The owner works in the bakery with 1 full-time, 1 part-time, and 1 casual staff.
The new owner does not need to be a baker, as there is a baker on staff.
Turning over approx. $286,000 per year with rent of $2,900 per month including GST.
Lease of 3x3 which commenced in May 2020.
Excellent opportunity for a baker to take over a well-established business or expand into this location. However, you do not need to be a baker, as there is a baker on the staff.
For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.
Ref: B14312
