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Renowned Bakery With Newly Fitout Premise In VIctoria For Sale

Melbourne, Victoria, Australia
Asking Price:
$699,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
Available on request

Well-known bakery in a brand new, state-of-the art, bakery cafe premise. Specialising in artisan breads, pastries, sandwiches and coffee. Retail sales in the shop front are currently 20K per week at just 6 months trade, with around 20kg of coffee sold.

Potential to double sales within 12 months of trade. Very well equipped, brand new 5 deck oven and mixers, capacity to handle three times the production, including wholesale. Remote surveillance cameras—the equipment is all new and in perfect working order.

Potential:

Employ a sales rep to approach more farmers markets, delicatessens, and supermarkets for large production and run extra production shifts

Premises:

Large 165-square-meter venue, private bathroom, rear access and parking with a retail shop front.

Location:

Busy shopping strip in a popular part of town filled with eateries, shops and apartments in Melbourne City Fringe.

Trading Hours:

7 days: retail shop, 7.30 a.m.–3:00 p.m.

Lease:

5 years + 5 years

Employees:

3 full time bakers + 2 full time pastry chefs + 1 full time + 3 casual retail sales people.

Property Information

Real Estate:

Lease

Location:

Located in a busy shopping precinct.

Premises Details:

Ground floor shop in a newly constructed building.

Business Operation

Expansion Potential:

Capacity to expand in wholesale trade or manufacture for other retail shops.

Trading hours:

7 days (7.30am to 3pm).

Employees:
12
Years established:
1