Visit this listing at https://www.sbx.com.au/business?id=W1581

Business Code: W1581

Key Features: Bakery - Cafe - Lane Cove Area - Sales $24,500 p.w.

State: NSW

Suburb: Lane Cove, 2066

Location: Situated on corner of busy retail shopping strip in Lower North Shore.

Description

Bakery - cafe serving slices, cakes, bread, patisseries, sandwiches, chocolate tarts, biscuits and 28 kgs. coffee p.w. - 20 seats inside.

Summary

  • Features: Prime location - Large spacious area - Beautiful shop fitout.
  • Potential: New owner couple operation could save on wages. - Add to light breakfast menu - add new bakery items.
  • Premises: This business has an area of 150 sq. mts.
  • Trading Hours: 7 days - 6:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires April, 2024 - 6 months bank guarantee - annual C.P.I.rent increases.
  • Employees: 1 owner ( baker) + 1 fulltimer + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$24,500

Cost of Goods

$7,500

Gross Profit

$17,000

Rent

$2,570

Wages

$2,570

Electricity

$260

Misc1

$120

Coffee Kilos P/W

28

Total Expenses

$5,520

Estimated Stock (Additional)

$5,000

Net Profit

$11,480

Price

$495,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Bakery - Cafe

Business Code: W1581
Price: $495,000
+ Estimated SAV $5,000

Key Features: Bakery - Cafe - Lane Cove Area - Sales $24,500 p.w.

State: NSW

Suburb: Lane Cove, 2066

Location: Situated on corner of busy retail shopping strip in Lower North Shore.

Description

Bakery - cafe serving slices, cakes, bread, patisseries, sandwiches, chocolate tarts, biscuits and 28 kgs. coffee p.w. - 20 seats inside.

Summary

  • Features: Prime location - Large spacious area - Beautiful shop fitout.
  • Potential: New owner couple operation could save on wages. - Add to light breakfast menu - add new bakery items.
  • Premises: This business has an area of 150 sq. mts.
  • Trading Hours: 7 days - 6:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires April, 2024 - 6 months bank guarantee - annual C.P.I.rent increases.
  • Employees: 1 owner ( baker) + 1 fulltimer + 3 casuals
  • Sale Reason: Private reasons
  • Comments: New expensive coffee machine + all baking equipment owned by shop (no finance). - Training available - water - $300 / 3months- During Covid sales have increased extremely high with some weeks being over $25,000 per week and an average net profit of $50,000 per month.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$24,500

Cost of Goods

$7,500

Gross Profit

$17,000

Rent (ex GST)

$2,570

Wages

$2,570

Electricity

$260

Misc1

$120

Coffee Kilos P/W

28

Total Expenses

$5,520

Estimated Stock (Additional)

$5,000

Net Profit

$11,480

Price

$495,000
+ Estimated SAV $5,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.