21039 Established and Profitable Bakery - Run Under Full Management
Want a genuine opportunity to secure your future? With an average turnover of $730K+ coupled to high profitability of over $150k per annum to one working owner, this store is an opportunity to secure your future! Our low rent, long term lease option coupled to the fact this business is an essential service business, provides a genuine once in a lifetime opportunity for your success – pay off the investment with the first year’s profitability and then enjoy the return on investment for the years to come.
Located only 9km from the CBD, within a million-dollar suburb, the recent Coronavirus pandemic has proven local customers are loyal to the brand, the iconic shopping village and trust the business, with a current 20% increase in sales 20/21 in their already highly profitable business, this really is a once in a lifetime investment.
This store has been a local icon for over 25 years, with the same owners for the last 14, it is an established and sought-after business in the community. Currently run under full management, this store offers a great opportunity for an owner-operator to step in and reap the rewards from day one or a savvy investor who is looking for the perfect lifestyle business with great returns. This business is the real deal, with genuine reasons for selling, and all the financials to support the profitability, be quick this one won’t last long!
•Current store of the year Aust/ NZ.
•Top 7 sales store in Victoria.
•$730,000+ sales consistently over the last 3+ years
•Avg Sales $14-$15K per week
•$150,000 + per annum profit to one working owner
•Will NEVER be closed in the event of a pandemic. Deemed an essential service – buy your future security!
•Low rent and the current lease has options available until 2031
•Fantastically located in an affluent ‘million dollar’ suburb
Property Code: 522