Taste Baguette Waverley - Bakery Cafe

For Sale $355,000 +SAV
Property Details

For Sale $355,000 +SAV
Description

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Newly established Taste Baguette Bakery café in Waverley, located at the best spot in Charing Cross village, just right in front of the bus stop and T-Junction, great exposure.

After an impressive first year of trading sales have now reached over $24K per week with much more potential for growth.

The business has a strong local customer base with plenty of offices around and three schools in the area (St Catherine’s School, St Clare’s College and Waverley college) huge potential for right owner operator to reach over $40,000 per week.

Quality fit out with nice décor wall painting throughout the shop, everything is less than one year old.

Sales of Campos coffee has reached more than 45kg per week and are still growing.

A great opportunity to get into a rapidly growing business at below set up cost.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Property Features
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2 Responses

  1. I would like to know how much the rental altogether per week

    1. Hi Philippe, I sent you an NDA yesterday, once you have registered you can log in to the website and the financial information will be visible on the right hand side of the listings.
      Thanks
      Paul

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Years Est


Years With Current Owner


Staff No


Lease Info
Current 5-year lease commenced Dec 2017 with 5 + 5 + 5 year options - 3-month bond - 4% annual rental increases. More than 19 years left on lease.

The rent also Includes a residential unit upstairs with large living area. You could live onsite or potentially lease out for $400-$450 pw.


Trading Times
7 days
Mon- Friday: 6 – 5 pm.
Sat: 6- 430 pm.
Sun: 6- 4 pm.


Size of Premises
28 seats inside and 8 outdoor.
Toilet, Full commercial kitchen and store room.
Unit upstairs included in the rent.


Opportunity

-Huge potential for right owner operator continue growing this business.

-Extend trading hours there is a lot of feedback from locals asking for later trading.



Note to buyers


Seats Inside


Seats Outside


Stock Value