This bakery is an iconic bakery, located in one of Melbourne's few remaining villages. It opened in 2002 and is offered for sale by its owner for the first time. After 47 years in the food industry, he is ready to retire.
The business is retail only – there are no wholesale customers. It is a destination bakery in Melbourne, renowned for its great bread. Only bread is sold. There is no coffee, cakes, pastries, drinks, etc. It is well staffed. Many employees are long term – a real asset to the business. The owners travel overseas regularly, leaving the business in the capable hands of the manager. Wages are legally paid under Fair Work Australia laws. There is total transparency. The business supports disability – disabled staff have been employed over many years through supported wage structures.
The competition is almost non-existent. There is one bakery 3 km away, a small supermarket in the street and a mini Coles in the adjacent suburb.
The area is upmarket and the customers are extremely loyal. They love their village and support it daily. It is a key reason why they live here. The business is an integral part of the community.
The bakery is well equipped and has a long lease with 2 further options.
In 2020, the Level Crossing Removal Authority (LXRP) removed 2 level crossings and 2 stations and built a new station nearby. The work was completed in November 2023. All businesses in the area were badly affected during this construction period. The village is now recovering. With a new community plaza on the site of the former station, plans to rejuvenate the area are in full swing. As a retail precinct, the future is exciting.
The business is semi under management. The Vendor only works 3 days per week.
An excellent bakery suitable for professional operator and Business Visa Holders.
Do Not Miss This Opportunity.
