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Italian Style Bakery Huge Growth For Sale

Central Coast, New South Wales, Australia
Asking Price:
$140,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$560,000 (AUD)
Cash Flow:
Available on request

Award winning Italian Style Bakery Huge growth.

Specialising in Artisan breads, European handmade pastries, cannoli, sausage rolls, pies, biscuits and much more.

Currently mostly retail but huge potential to supply wholesale and expand trade.

Large shop with alfresco seating surrounded by brilliant mix of businesses.

Wednesday to Sunday 8am to 2pm with potential to trade longer hours and days or make the most of the evening foot traffic of surrounding restaurants.

Close to busy weekend markets popular with both locals and tourists.

Established 3 years with turnover increasing and expected sales 2021 financial year in the region of $500k plus with high nett profit.

Brilliant social media following with strong branding and excellent reviews on Tripadvisor, Google and Facebook.

Priced for a quick sale $140,000 plus SAV

Call Exclusive agent John Ramsay

Price: $140,000 Plus SAV SAV: Approx $1,000

Region: Peninsula Area

Turnover: Approx $560k and growing

Plant Value: Approx $65,000

Years Established: 3 years

Permanent Staff: Owner (Baker) Casual Staff: 4 casuals as required

Hours Weekday: Wednesday to Friday 8am to 2pm Hours Weekend: Saturday & Sunday 8am to 2pm

Lettable Area: 140m2 Plus!

Lease Terms: 6 months plus 3 year option

Rent per Calendar Month: $4018.17 + GST Outgoings included in rent

Parking Comments: Ample parking

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Property Information

Real Estate:

Lease

Lease Terms:

6 months plus 3 year option

Leasehold Rent:

$48,218 (AUD) per annum

Location:

Peninsula Area Central Coast

Premises Details:

140m2 plus

Business Operation

Expansion Potential:

Currently mostly retail but huge potential to supply wholesale and expand trade. Wednesday to Sunday 8am to 2pm with potential to trade longer hours and days or make the most of the evening foot traffic of surrounding restaurants.

Trading hours:

Wednesday to Sunday 8am to 2pm with potential to trade longer hours and days or make the most of the evening foot traffic of surrounding restaurants.

Employees:
Owner (Baker) plus 4 casuals as required
Years established:
3 years

Other Information

Furniture / Fixtures value:
$65,000 (AUD) - included in the asking price
Inventory / Stock value:
$1,000 (AUD)
Website:
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