THE HARD WORK HAS BEEN DONE...now it's time to reap the REWARDS

Established in 2012, this high profile Eastern Suburbs location bakery / cafe has become part of everyday life amongst local residents, tourists & shoppers. The presentation is modern & the plant & equipment is quality and up to date.

Just move in and start BAKING!!

The Business

• Perfectly located on a busy intersection with good foot traffic
• Trades 7 days, servicing eat-in, takeaway, retail & wholesale customers
• A very streamlined operation
• Substantial work & preparation areas together with bright & airy cafe area
• Bi-fold doors opening to alfresco dining
• 2013 / 2014 Financial Year Turnover approximately $1.2 Million

The Particulars

• 5 year lease commenced 24th February 2012
• 2 further rights of renewal of 5 years each
• Annual rental adjustments to CPI, Market Review upon renewal
• Current weekly rental $2,159.82 (excl GST)
• Outgoings approx $1,970 per month

The Commentary

An ideal business located in a HIGH SOCIO-ECONOMIC area which has really only just started to find it's feet.

This is a business which is not just suited to parties from a background in baking & hospitality as it is a business that can and does support staffing.

Families, partnerships or sole traders can make this gem work.

Method of Sale - PRIVATE TREATY (For Sale)

This does represent value buying and would be well below new set-up cost.

Please read the OCBA Form R7. Legislation requires an Agent to provide this to Purchasers.