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Bakery For Sale in Upper Ferntree Gully Melbourne VIC

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Bakery Cafe Business For Sale

Location:Upper Ferntree Gully, Melbourne, Victoria

Category:Bakery, Cafe and Coffee Shop, Hospitality and Tourism

Asking Price:$50,000

50000

  • Sales revenue : $7,000 pw average
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Bakery Cafe Business For Sale

Business description

Business key points:

- Averaging $7,000 per week turnover

- New 5×5 year lease

- Owner does not work in the business

- No baking is done on premises but is fully equipped to do so

- Great rent of $2,430 pcm incl GST

- Run fully by staff

- Huge potential for hands on operator who is a baker

- Recently renovated

- Averaging 15kg’s coffee per week

 

This bakery cafe for sale is nested on a major arterial road in Upper Ferntree Gully.

 

It has been a Bakery since the 1960’s and recently been bought and renovated by the current owner who does not work in the business.

 

Even though it is run completely by staff the bakery cafe has healthy turnover.

 

This business has huge potential for a more hands on operator to bake on premises, expand on the current menu, invest time in to marketing and give it the attention the business needs.

 

For further information and to book a time to inspect contact Phil Booysen on [Phone Number Censored].

Other Information

  • Expansion: This would thrive if it was a family run business as the owner is not hands on, he is not involved in the business at all as he has other businesses.
  • Years Established: Since 1960s
  • Employees: 5 Casuals
  • Trading Hours: 6:00 am - 3:30 pm Mon to Friday, 6:30 am - 3:30 pm Sat, 7:00 am - 3:30 pm Sun
  • Support Training: Can be provided
  • Reason For Selling: Other businesses
  • Lease Terms: 5x5
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