Newtown Bakery Cafe - UNDER MANAGEMENT, $27.5k, $3.6k profit

This well known, under semi management cafe/bakery is located in the bustling, vibrant and densely populated Inner West suburb of Newtown and has its unique products and hours of operation. Systematic updates in processes and equipment have made the operation more efficient, increased production, reduced labour costs and increased profitability.

The cafe has no shortage of year-round trade as well as a small but profitable wholesale and catering business. Everything is made in-house so it provides the cafe with a point of difference in its offering which cannot be replicated. Seats 25, fully licensed and well equipped. Run under semi management and no experience in baking required as the team in place is very strong and the products made are simple. Training/handover can be provided. No overnight baking or preparation.

Currently operating seven days a week from 10am until 8pm (Sunday 11am to 6pm). The core business is generated from the cafe which sells a wide variety of sweet and savoury products. The business also has a small wholesale and catering revenue line which has the ability to grow over the next few years if the emphasis is applied. A new owner could continue to expand this side of the business as there is strong demand for the products and limited competition.

The opportunity also exists to open additional retail shops/kiosks as the production space could be further utilised.

Run under semi-management by an established team, the business shows great average sales of $27.5k/week. The staff roster is well structured and efficient with production hours for the bakers operating staggered between the hours of 6am to 4pm. No baking experience required! Training can also be provided.

Staff No
The business is currently run by the following staff: Bakery: 1 x Full Time Chef de Partie 1 x Full Time Pastry Chef 1 x Casual Pastry Maker 1 x Full Time Kitchen Hand/Assistant Cook 1 x Casual Kitchen Hand 1 x Casual Owner (deliveries) Cafe: 1 x Full Time Cafe Manager 5 x Casual Cafe Allrounder The total operational hours are currently 67 per week

Lease Info
The Lease commenced on February 4, 2022 and expires on Feb 3, 2027 Two further 3 year Options to February 3, 2033. 3% rental increases annually and at the Option. 3 month rental bond.

Trading Times
7 days Mon - Sat 10am to 8pm Sun 11am - 6pm 7am to 2pm Saturday and Sunday

Size of Premises
The business is in excellent condition and occupies approximately 197m2 (74.17m2 BOH and 64.15m2 FOH) with seating capacity of 25 inside and 2 external (STCA). Fitted with all the necessary bakery equipment to enable expansion, including coolroom, ovens, freezers, mixers and benches. Male and Female toilets on site. One car space available.

Opportunity
The business has achieved a level and branding that many would be envious of and would make a highly desirable acquisition to any purchaser willing to look at expanding the retail and wholesale presence or just continue on to capture and grow the enormous goodwill and branding that this cafe bakery has already established. Addition of further retail sites/kiosks is also an option. Training available.

***Weekly Sales & Turnover***
Coffee Sales Per (Kg): 10kg
Cost of Goods: $6,154
Wages: $8,790
Other: $2,988
Net Profit: $3,600
Turnover (inc GST): $27, 507
Gross Profit: $18,852
Rent: $2,432

For more details, please email broker or call agents.