Bakery - Groceries - Retail

Business Code: GVB1007A


Key Features: Very well established

State: VIC

Suburb: St. Albans, 3021

Location: Situated in a small shopping centre in a residential area at a very busy road junction in Northern suburb of Melbourne.

Description

Bakery - groceries providing a variety of home made Turkish and middle eastern breads as well as grocery items. - Well equipped bread making machinery and facilities in the back of the shop. - Wholesale to other grocery shops could be further developed.

Summary

  • Features: Very well established - Regular customers - Equipment well maintained. - Low rent

  • Potential: The range of products provided could be expanded, including different varieties of bread and potentially cakes and biscuits. -The grocery area could be modernised. - A coffee machine and a few seats could make this venue a very popular one in an area with little competition

  • Premises: Shop premises with overall area of approx. 150 sq. mts. including production facilities and storage area at rear.

  • Trading Hours: 7 days. - 6 a.m. - 6 p.m. weekdays, - 6 a.m. - 4 p.m. week ends

  • Lease: 5 + 5 + 5 year lease has expired. - A new lease to suit wil be available.

  • Employees: 2 owners + 2 full timers + 2 casuals

  • Comments: Miscell.- 1 - Garbage collection

Weekly Summary

Weekly Takings
(inc GST)

$7,000

Cost of Goods

$1,500

Gross Profit

$5,500

Rent

$430

Wages

$2,500

Telephone

$13

Insurance

$13

Electricity

$370

Misc1

$30

Total Expenses

$3,356

Estimated Stock (Additional)

$2,000

Equipment (Included)

$45,000

Net Profit

$2,144

Price

$75,000

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