SOLD – Retail and Wholesale Bakery Business For Sale in Eastern Suburbs

$200,000

Description

Boasting a prime location in Surrey Hills, this bakery business for sale has been operating successfully for 20 years.

Excellent location along a busy shopping strip and right by the train station and along a bus route. There is plenty of passing traffic daily.

It is a long established and well equipped bakery with both retail and wholesale sales. Also has coffee and tea sales.  Turnover is approximately $10,000 per week – average 60% from wholesale and 40% from retail.

Retail side trades 6 days, Monday to Friday 9am to 5pm and 8am to 2pm on Saturdays. The wholesale side of the business runs for 7 days.

Well staffed with 8 experienced and qualified staff members.

Low rent of approximately $857 per week with secure lease options of 3x3x3.

Would make a perfect investment business, as no baking or bakery specific skills are required and it can be run under management as the owner is not a baker and there is experienced staff in place to continue baking operations.

For further information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos on 03 9566 7300 or via email at elle@absolutebb.com.au

Ref: B13155

Location

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