Newtown Bakery Café – U/MANAGEMENT, $27.5k/week, long lease

This well known, under management café bakery is located in the bustling, vibrant and densely populated Inner West suburb of Newtown and has its unique products, operation and hours of trade. Systematic updates in processes and equipment have made the operation more efficient, has increased production, reduced labour costs and increased profitability. The business has no shortage of year-round trade as well as a profitable wholesale and catering business. Everything is made in-house so it provides the café with a point of difference in its offering which cannot be replicated. Seats 25, fully licensed and well equipped. Run under management and no experience in baking required as the team in place is very strong and the products made are simple. The owner’s involvement is restricted to administration and deliveries (this can be outsourced). Training/handover can be provided. No overnight baking or preparation. Currently operating seven days a week from 10am until 8pm (Sunday 11am to 6pm). The core business is generated from the cafe which sells a wide variety of sweet and savoury products. The business also has a wholesale and catering revenue line which has the ability to grow over the next few years if the emphasis is applied. A new owner could continue to expand this side of the business as there is strong demand for the products and limited competition. The opportunity also exists to open additional retail shops/kiosks as the production space could be further utilised. The business has achieved a level of branding that many would be envious of and would make a highly desirable acquisition to any purchaser willing to look at expanding the retail and wholesale presence or just continue on to capture and grow the enormous goodwill and branding that this café bakery has already established. The core business is generated from the cafe which sells a wide variety of house-made, ready-to-go sweet and savoury products. There is no food preparation to-order, only what is on display at that time. A new owner could continue to expand the wholesale side of the business as there is strong demand for the products and limited competition. The opportunity also exists to open additional retail shops/kiosks as the production space could be further utilised. Finally, opening earlier for the increased coffee and breakfast trade would also increase the turnover. Run under management by an established team, the business shows great average sales of $27.5k/week. The staff roster is well structured and efficient with production hours for the bakers operating staggered between the hours of 6am to 4pm. No baking experience required! Training can also be provided. Staff No: The business is currently run by the following staff: Bakery: 1 x Full Time Chef de Partie 1 x Full Time Pastry Chef 1 x Casual Pastry Maker 1 x Full Time Kitchen Hand/Assistant Cook 1 x Casual Kitchen Hand 1 x Casual Owner (deliveries) Café: 1 x Full Time Café Manager 5 x Casual Café Allrounder The total operational hours are currently 67 per week Lease Info: The Lease commenced on February 4, 2022 and expires on Feb 3, 2027 Two further 3 year Options to February 3, 2033. 3% rental increases annually and at the Option. 3 month rental bond. Trading Times: 7 days Mon – Sat 10am to 8pm Sun 11am – 6pm Size of Premises: The business is in excellent condition and occupies approximately 197m2 (74.17m2 BOH and 64.15m2 FOH) with seating capacity of 25 inside and 2 external (STCA). Fitted with all the necessary bakery equipment to enable expansion, including coolroom, ovens, freezers, mixers and benches. Male and Female toilets on site. One car space available. Opportunity: The business has achieved a level of branding that many would be envious of and would make a highly desirable acquisition to any purchaser willing to look at expanding the retail and wholesale presence or just continue on to capture and grow the enormous goodwill and branding that this café bakery has already established. The core business is generated from the cafe which sells a wide variety of house-made, ready-to-go sweet and savoury products. There is no food preparation to-order, only what is on display at that time. A new owner could continue to expand the wholesale side of the business as there is strong demand for the products and limited competition. The opportunity also exists to open additional retail shops/kiosks as the production space could be further utilised. Finally, opening earlier for the increased coffee and breakfast trade would also increase the turnover. ***Weekly Sales & Turnover*** Coffee Sales Per (Kg): 10kg Cost of Goods​: $6,154 Wages: $8,790 Other​: $2,988 Net Profit​: $3,600 Turnover (inc GST): $27, 507 Gross Profit​: $18,852 Rent: $2,432