BAKERY/HOT BREAD/CAKE --FOREST HILL--#7431806

Bakery | Business for Sale | Forest Hill

Long-established Bakery Business for sale in Forest Hill, golden corner location on the main street with massive foot traffic flow. Same owner for 25 years with fantastic reputation and many loyal customers. Comes with new equipment and nothing to spend, very high profit.

* Great busy location in Forest Hill, plenty of parking at the front
* Large premises -- 160m2
* Taking $24,000p/w
* Reasonable rent
* 8 years long lease
* Selling price $460,000
* Same owner for 25 years, very stable business
* Vendor claims net profit $400,000 per year
* Keen to sell due to family reason

For more information on property #7431806 , please call or email:
Phillip Wang on

or email:

New Century Business Broker
26 Rutland Road, Box Hill VIC 3128
www.ncre.com.au
Tel:

****Sales Rep required**** For further information please contact us at office:

For more details, please email broker or call agents.

New Century Real Estate and Business Brokers

1/26 Rutland Road, Box Hill, VIC 3128

Phillip Wang

Business Address: Forest Hill

Forest Hill's Features:

1. Home median price ranks No.204 among 914 suburbs of Victoria.
2. Home median rent ranks No.222 among 914 suburbs of Victoria.
3. Top primary school Nunawading Christian College - Primary, Nunawading Christian College - Primary Campus are in this suburb.
4. Many houses in this suburb are Fully Owned(48%).
5. Many people in this suburb are Professionals(9%).
6. The percentage of age 60+ people(23%) is high.
7. The percentage of Australian native-born(70%) is high.
8. People from New Zealand(2%) like to live in this suburb.
9. People from China(2%) like to live in this suburb.
10. There are more Separate house(80%) in this suburb.
11. The percentage of age 5 to 19 people(17%) is high.