HIGHLY PROFITABLE| BAKERY/CAFE| $1.9 MILL T/O| VERY LOW RENT
First time to market and tightly held for over 35 years. This business hits the trifecta: High Turnover, Low Rent and Strong Profits, all built on a foundation of long term goodwill in one of Sydneys most desirable suburbs.
The owners are now ready to pass the baton on to a new owner. The business shows an exceptionally strong financial performance underpinned by decades of goodwill and consistent community support.
Situated 9kms from Sydneys CBD and nestled in the heart of the Lower North Shore, sits this much loved gem. Renowned for its welcoming service, delicious baked goods and a reputation built on quality and consistency, this is a first time offering and an incredible opportunity.
KEY FEATURES:
* Very low rent for its prime location, at 3% of turnover this is well below industry benchmarks.
* High turnover reflecting the bakerys solid reputation and loyal customer base.
* Exceptional gross profit proving healthy margins and efficient cost management.
* Attractive net profit making it an excellent income for a working owner or family enterprise.
* Established team with wages all accounted for, plus the experienced team will ensure a smooth transition.
* The inventory is extensive and well maintained.
* Diverse income streams as the revenue is based across all bakery items as well as well as selling 35kg of coffee weekly, and theres plenty of room to grow and enhance wholesale opportunities and expand the cafe experience.
This business is perfect for a baker looking to take the next step, an owner operator seeking security with low overheads or a family wanting to put their stamp on a well-established brand. This profitable business has room to grow and is ideal for buyers seeking stability with an upside. Opportunities like this, with low rent, great goodwill and decades of trading history dont come up that often - so ENQUIRE NOW
**Please note that for confidentiality the image in this advert is generic and is not of the actual business** Interested parties must rely on their own enquiries.
For more details, please email broker or call agents.
