Bakery For Sale in Frankston Melbourne Vic

UNDER OFFER Well Loved Local Bakery on a Residential Main Road

Advert Id: 377178, Sellers Ref: (ME03162)
  • Location: Frankston, Melbourne, Victoria
  • Category:Bakery
  • Asking Price:$1,300,000
  • 1300000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

This acquisition opportunity is for a longstanding bakery that has captured the hearts of locals and passers-by. It has been operating under its current owner for 36 years, benefitting from no competition in the area.

*$1,375,069 annual takings
*$1,054,545 annual gross profit
*$19,646 monthly owners' salary
*Near-new equipment

Purchasers have a rare opportunity to acquire a longstanding bakery with a strong reputation cultivated over more than 30 years under the current owner. The business enjoys an outstanding market position with no direct competition, ensuring consistent demand. It has near-new equipment and a proven track record of excellence as evidenced by its award-winning pies and coffee.

The business is located on a main road in a residential area, benefitting from high visibility and convenient front car parking. Its premises feature a single-fronted shop that extends into a long space ample for operations.

Operating the business are two full-time working owners and 11 part-timers, many of whom have been with the business for decades. The staff work full days despite being listed as part-time, ensuring operational consistency and efficiency.

To learn more about this exciting opportunity to acquire a thriving business, contact Tony Latessa today!

Listing ID: ME03162
Broker: Tony Latessa
Phone: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03162
Timestamp: [Phone Number Censored]

Link Business Melbourne

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