SOLD – Multi Award Winning Traditional Bakery- VIC

Description

Huge Gross profit margin of over 60%

Profitable business with an annual turnover of over $2.8m+, this is a rare opportunity to take over this business, and an opportunity that cannot be missed.

First time on the market in 30 years of trading history with a fantastic reputation for offering the best quality products and exceptional customer service. It is situated in one of the best regional towns west of Melbourne, with excellent exposure to both locals and those driving from Melbourne to enjoy the bakery products. Setup with a fresh and clean interior, regular customers like the vibe and touches of ‘country bakery’ décor.

Business Highlights

• Limited competition, known for its traditional bakery products and coffee.
• Average taking of $60,000 per week and growing steadily
• Adjusted profit of more than $580,000 in FY2022 for the working owner
• Happy and loyal customers with regular repeat business
• Well equipped with state of art production facility
• Offering a clean, tidy and spacious room with capacity to produce more for wholesale or other sites
• Mix of indoor and outdoor seating options (30 people inside and 16 outside)
• A team of over 40 full-time and part-time staff State of 
• Wholesale potential to surrounding suburbs across Victoria
• Truly one of Victoria’s most sustainable and profitable cafes currently available

Training

A reasonable training and handover will be provided to a new owner to ensure the business continues to thrive and prosper

The business offers an exciting opportunity to a new owner looking for a great work/life balance, or wanting to build a bigger business. There is the flexibility to be hands-on or hands-off in a business that has a simple model. With a team of warm and engaging staff, the business is ready for a new owner to walk to take it to the next level.

Asking Price $1,500,000 plus SAV