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Cafe For Sale in Preston Melbourne VIC

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Cake Shop And Cafe Business For Sale Preston

Location:Preston, Melbourne, Victoria

Category:Cafe and Coffee Shop, Food

Asking Price:$Make An Offer

180000

  • Sales revenue : $416,000 pa
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Cake Shop And Cafe Business For Sale Preston

Business description

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

• Sells 12kg of coffee 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 on [Phone Number Censored] or Elle Likopoulos on [Phone Number Censored].

REF: B13853

Other Information

  • Years Established: 1991
  • Employees: 1 FT and 1 PT Owner, 4 PT Staff
  • Trading Hours: 7 Days
  • Reason For Selling: Retirement
  • Lease Terms: 4x4
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