List Price: $360,000 + SAV
About the Business
Seize this incredible opportunity to own a cherished patisserie and coffee shop with a loyal customer base. For years, this beloved establishment has delighted patrons with exquisite pastries, coffee, and gourmet product, creating a warm and welcoming community hub.
Strong Customer Base: Benefit from a dedicated and loyal customer base that keeps coming back for more. With a reputation for quality and flavour, this business has built a strong following that’s sure to support continued success.
Strong Growth Forecast: Watch your investment flourish with a business that has consistently growing both retail and the added benefit of wholesale sectors. With annual sales surpassing $1 million since 2020 and on target close to $30,000 per week sales in the coming Financial Year.
Essential Kitchen: Equipped with everything you need to produce mouthwatering pastries and baked products; this business boasts an essential kitchen setup that’s ready to fuel your creativity. Say goodbye to the headaches of outfitting a kitchen from scratch and dive straight into fulfilling orders.
Expand to Bakery Potential: With the potential to expand into a full-fledged bakery operation, there’s unlimited potential for growth and profitability. From artisan bread to custom cakes, the possibilities are endless for tapping into new revenue streams.
Prime Location: Located in a bustling area with high foot traffic and near a Train Station, this patisserie and coffee shop business is a recipe for success. Whether you’re an experienced restaurateur looking to expand your portfolio or a passionate foodie ready to turn your love for baking into a thriving business, this opportunity is too sweet to pass up.
Don’t let this chance to own a piece of culinary heaven slip away. Contact us today to learn more and schedule a viewing. With its proven track record of success, this patisserie and coffee shop business won’t stay on the market for long. Take the first step toward fulfilling your entrepreneurial dreams today!
Trading Hours
Monday-Thursday: 6:30am – 5:00pm, Friday: 6:30am – 5:30pm, Saturday: 7:00am – 4:00pm and Sunday: 7:30am – 2:30pm.
Annual Revenue & Gross Profit
FY2023: $1,471,354. FY2022: $1,154,847. FY2021: $1,138,334. FY2020: $1,030,413.
Gross Profit: FY23: $865,092. FY22: $726,240. FY21: $696,919. FY20: $606,180.
Leases
Commenced 08/11/2021 and expires 07/11/2025 with renew options 4 year + 4 year.
Base rent is $108,000.48 + GST with Annual Outgoings is $19,093.68 and CPI rent review and bank guarantee of $20,930.
