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Cake Shop And Café Business Preston For Sale

Preston, Victoria, Australia
Asking Price:
$100K - $250K (AUD)
Sales Revenue:
$416,000 (AUD)
Cash Flow:
Not applicable

This Cake shop and patisserie selling cakes and Greek delicacies and desserts is also a café.

The cake shop has an excellent location on a busy main road through Preston and enjoys large amounts of passing foot and vehicle traffic. It is in a busy area as it is close to the Preston Market. It is a favourite coffee shop for the locals.

• This is a long-established business of 30 years and has been with the current owners for 11 years.
• There is seating for 22 inside and 12 outside.
• Turns over $8,000 per week
• Rent is $4,060 per month incl GST with a lease of 4x4 commenced August 2020
• Trading 7 days Monday to Friday 7:30am to 9pm, Saturday and Sunday 8am to 9pm
• Run by 1 full time owner, 1 part time owner and 4 part time staff
• No website and limited exposure on social media – so lots of potential for this business with some marketing on social media.

Perfect opportunity for a baker to take over and capitalise on the goodwill established over 30 years.

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos.

REF: B13853

Property Information

Real Estate:

Lease

Location:

The cake shop has an excellent location on a busy main road through Preston and enjoys large amounts of passing foot and vehicle traffic. It is in a busy area as it is close to the Preston Market.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday to Friday: 7:30am to 9pm, Saturday, Sunday 8am to 9pm

Employees:
1 FT and 1 PT Owner, 4 PT Staff
Years established:
1991

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