This Southeast Melbourne bakery and cafe, established in 2022, specialises in artisanal pastries made with sustainably sourced ingredients. Known for its quality, the business has built a loyal retail and wholesale customer base, including 20 wholesale customers with standing orders.
*11,800 Instagram followers
*Lease until 2031
*$833,000 in annual sales
*$533,215 gross profit
*20 wholesale customers
*Brand-new equipment
On offer is a successful bakery and cafe located in Southeast Melbourne. The business is co-owned by two full-time bakers. Since opening in 2022, it has built a solid reputation, evidenced by a 4.6-star Google rating and 11,800 Instagram followers.
Specialising in fine patisserie, the bakery offers a range of products, including croissants, cronuts, danish, seasonal inspired pastries and gourmet sandwiches made from sustainably sourced ingredients. It serves both retail customers-Thursday to Sunday from 7:00 AM to 2:30 PM-and 20 wholesale customers with standing orders.
The bakery occupies an 80 sqm space with a lease until 2031 at a monthly rent of $3,985. The premises feature brand-new equipment, just one year old.
Financially, the bakery shows strong performance, with sales revenue of $833,000, a gross profit of $533,215 and a net profit of $239,808 Seller's Discretionary Earnings (SDE). The owners are selling the business due to relocation, providing an opportunity for a new owner to continue its success and develop the established brand.
Listing ID: ME03054
Broker: Simon Sheridan
Phone: 0400 858 900
Email: simon.sheridan@linkbusiness.com.au
Ref: ME03054
Timestamp: 20241106113003
