Available for purchase is a dual-location high quality commercial bakery retailer - wholesaler and Cafe with established operations in Melbourne's inner east and south east. The business produces finest cakes, pastries and offers a Cafe menu, deriving an annual revenue of $1,823,000. With substantial growth potential, the asking price covers both locations; the main one is equipped with a full commercial kitchen and liquor license.
*Gross profit of $1,309,000 P.A.
*State of the art appliances and equipment
*Stock valued at $60,000
*Dual-location
*480 sqm premises for location A
*70 seats in Location A and 40 in Location B
*Liquor license in Location A
Walter Beauvais and the team at LINK Melbourne are thrilled to present a 2-in-1 first class cakes, pastries retailer - wholesaler and Cafe acquisition opportunity to the market.
With almost 3,000 followers on Facebook and over 5,300 followers on Instagram, this successful dual-location high quality cakes, pastries retailer - wholesaler and Cafe has become the go-to destination. It also caters to functions and corporate events with custom catering and beverage options.
Established in 2018 and 2019, Location A's premises span 480 sqm with a full commercial kitchen and liquor license. Location B is a kiosk within a highly trafficked shopping centre, covering 24.9 sqm with allocated seating. Both locations pay a total monthly rent of $32,000.
The business is managed by a full-time owner who oversees both locations, backed by a dedicated team of 12 staff members. Location A has eight staff members, while location B has four.
The cafe has impressive financial records, deriving $1,823,000 per annum and a net profit of $120,000, making it a profitable and reliable business. 80% of its revenue is derived from retail sales, while 20% comes from wholesale.
Under new ownership, this thriving business can continue its success by extending its operating hours, introducing new products and developing new markets.
For more information about this successful cafe, give Walter a call today!
Listing ID: ME03016
Broker: Walter Beauvais
Phone: 0460 301 983
Email: walter.beauvais@linkbusiness.com.au
Ref: ME03016
Timestamp: 20240822110004
