Visit this listing at https://www.sbx.com.au/business?id=FQ1136

Business Code: FQ1136

Key Features: Bakery - Sales $11,600 pw - cake shop - cafe Award-Winning - Profit $2.720 p.w

State: NSW

Suburb: Lane Cove, 2066

Location: Situiated on corner of main road corner near supermarket and shops in Lower North Shore.

Description

Bakery - patisserie - cafe serving bread & danishes, pastries & tarts, hot foods, coffee, beverages, pies, cakes, strudel, and gourmet biscuits. - Menu includes french sticks, danishes, croissants, lamingtons, steak pies, quiches, floretines, almond crescents, cookies, apple strudels, birthday cakes etc. - Also provides catering, wholesale and delivery service to non-retail clients such as local councils, schools, sports clubs, non-profit, local businesses etc., with massive potential to expand. - Large production kitchen with built-in cool room, freezer, baking equipment and grease trap. - 8 seats inside - 12 seats outside.

Summary

  • Features: 12 years trading history - Consistent profits - Supported by locals - Catering to local schools - Won multi business awards
  • Potential: Extend menu items to raise turnover - Partner with online delivery sites (e.g. Menulog, UberEats etc) - Potential to extend catering to more schools and corporate businesses - Can focus on wholesale and catering only,
  • Premises: Spacious shop with large floor area of 150 sq. mts.
  • Trading Hours: 6 days - Mon. - Fri. - 6:00 a.m.- 6:00 p.m. - Sat. - 6:00 a.m.- 3:00 p.m. - Sun. - closed
  • Lease: Current lease expires June, 2020 + 5 year option. - 3 months bond. - C.P.I. increases.
  • Employees: 1 owner + 8 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$11,600

Cost of Goods

$4,350

Gross Profit

$7,250

Rent

$1,800

Wages

$1,900

Telephone

$70

Insurance

$100

Electricity

$175

Misc1

$35

Misc2

$450

Total Expenses

$4,530

Estimated Stock (Additional)

$5,000

Net Profit

$2,720

Price

$130,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Retail - Cakes - Bakery

Business Code: FQ1136
Price: $130,000

Key Features: Bakery - Sales $11,600 pw - cake shop - cafe Award-Winning - Profit $2.720 p.w

State: NSW

Suburb: Lane Cove, 2066

Location: Situiated on corner of main road corner near supermarket and shops in Lower North Shore.

Description

Bakery - patisserie - cafe serving bread & danishes, pastries & tarts, hot foods, coffee, beverages, pies, cakes, strudel, and gourmet biscuits. - Menu includes french sticks, danishes, croissants, lamingtons, steak pies, quiches, floretines, almond crescents, cookies, apple strudels, birthday cakes etc. - Also provides catering, wholesale and delivery service to non-retail clients such as local councils, schools, sports clubs, non-profit, local businesses etc., with massive potential to expand. - Large production kitchen with built-in cool room, freezer, baking equipment and grease trap. - 8 seats inside - 12 seats outside.

Summary

  • Features: 12 years trading history - Consistent profits - Supported by locals - Catering to local schools - Won multi business awards
  • Potential: Extend menu items to raise turnover - Partner with online delivery sites (e.g. Menulog, UberEats etc) - Potential to extend catering to more schools and corporate businesses - Can focus on wholesale and catering only,
  • Premises: Spacious shop with large floor area of 150 sq. mts.
  • Trading Hours: 6 days - Mon. - Fri. - 6:00 a.m.- 6:00 p.m. - Sat. - 6:00 a.m.- 3:00 p.m. - Sun. - closed
  • Lease: Current lease expires June, 2020 + 5 year option. - 3 months bond. - C.P.I. increases.
  • Employees: 1 owner + 8 casuals
  • Sale Reason: Owner is looking to expand
  • Comments: Insurance includes workers comp. - Phone costs includes Internet services, mobile phone and landlines. - Rent excludes GST. - The retail premises has solar panels which help to keep electricity costs down. -
    Misc.- 1 refers to Merchant facility fees. - Misc.- 2 - refers to other miscellaneous costs (e.g. vehicle and solar panels expenses, marketing, cleaning, equipment maintenance etc.)

Weekly Summary

Weekly Takings
(inc GST)

$11,600

Cost of Goods

$4,350

Gross Profit

$7,250

Rent (ex GST)

$1,800

Wages

$1,900

Telephone

$70

Insurance

$100

Electricity

$175

Misc1

$35

Misc2

$450

Total Expenses

$4,530

Estimated Stock (Additional)

$5,000

Net Profit

$2,720

Price

$130,000

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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.