21039 Profitable Bakery - Run Under Full Management
This is your opportunity to own and grow a valuable asset that can support you today and sustain you into the future. Currently, run under full management this business 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. With an average turnover of $730K+ coupled with high profitability of over $150k per annum to one working owner, this store is an opportunity to secure your future!
Ideally positioned in the affluent million-dollar suburb located 9 km from the CBD, this business holds a highly sought-after site in the popular shopping village. Continually trading in the same location for the past 25 years, this well-known bakery has become a part of the community. 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.
Together with low rent, long term lease option coupled with 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.
•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: 512