Family-Owned Café and Bakery – Kangaroo Flat, VIC

Description

TURNOVER: APPROX. $1-1.1M – PROFIT: $4-5K PW – LOYAL CUSTOMER BASE

This family-owned Café and Bakery is profitable and popular, with a loyal customer base and growth potential. 

• Established 1965 – Dine-in and Takeaway – Baked goods, rolls, salads and hot beverages 

• Turnover approx. $1-1.1 million pa – Weekly profit $4-5,000 

• Premises: 320sqm – Fantastic location on the Main Street in Kangaroo Flat 

• Limited competition – Great reputation in the local community – Strong loyal customer base 

• Customers include CFA, footy club, schoolteachers, office workers, retirees, families 

• Instagram and Facebook accounts in place – Potential to boost online presence to attract a younger demographic 

• Staff: 4 x FT (including owner) + 5 casuals – Potential to extend trading hours and bring back Sunday opening 

• Owner retiring – 2 weeks’ training provided – longer if required 

This is the perfect opportunity for an owner operator, saving the cost of hiring a manager. 

There is potential to further grow this business by boosting the marketing, extending trading hours, and offering catering services to local businesses and schools. 

PRICE: $450,000 + SAV negotiable