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Refer to Broker
Refer to Broker
Business Broker
Melbourne
This thriving business is in the scenic surrounds of St Andrews, across the road from the iconic St Andrews community market. It offers a diverse range of organic artisanal sourdough breads, cakes and savoury treats, all baked in a traditional wood-fired scotch oven. Accompanied by quality coffee and the opportunity to both dine-in and take-away, the business brings in both loyal locals and an expanding tourist base attracted by the quality produce and engaging history of the St Andrews location. Through the commitment to quality ingredients and traditional baking methods, the business has garnered a dedicated customer base in their 10 successful years.
This business is best suited to a community-minded person with a passion for traditional and artisanal methods. The St Andrews location is housed in a historic, mud-brick bakery and is supported by a loyal community keen to see the business thrive. There is potential to grow and expand into the peaceful environment and vibrant local artistic community. This is a unique opportunity and an exciting possibility for the right person to build on a piece of local history in an iconic location.
Key Features:
*$570,000 total takings PA
*Short hours of 4.5 days with 3pm close
*Cheap Rent of $230PW
*The site can be acquired freehold
*71% Gross Profit
*8 kg of coffee sold PW
*Long-standing business
*Favourable lease terms
Sanjay Agrawal and the team at LINK Melbourne are excited to present this iconic bakery and cafe in Melbourne’s North/North-eastern suburb to the market.
To know more about this business, contact Sanjay today!
Listing ID: ME02875
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: sanjay.agrawal@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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