For Sale $480,000 Plus SAV
For sale is a Bakery/Patisserie located in the North of the City that was established five years ago by the current owners. The business operates with an impressively equipped commercial bakery kitchen, capable of producing high volumes of bread, cakes, pastries and other patisserie products.
The bakery acts as a retail outlet for its own products and also has a number of wholesale clients across the ACT. Sales for the 2019/20 financial year were $980,000. There is a prime opportunity to use this centralised kitchen to supply smaller, cheap to run sites in order to grow sales and build the wholesale client base.
There are experienced bakers and front of house staff that are more than capable of handling the day to day running of the business with the current owner only contributing 2 days a week on site.
The business has a 4 year lease with a further 3 year option and the rent is $1,400 per week. The owner is looking to relocate to the Gold Coast and is looking for somebody who can take this thriving business to the next level.
* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.