This is a rare opportunity to purchase this well known café/bakery/patisserie located in the bustling, vibrant and densely populated Inner West suburb of Newtown. Ideal time to purchase heading into the busiest trade period of the year.
The cafe has no shortage of year-round trade as well as a growing and profitable wholesale bakery business. Everything is made in-house so it provides the café with a point of difference in its offering. Seats 25, fully licensed and well equipped. Run under management, so no experience in baking required as the team in place is very strong and the products made are simple. 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 pies, pastries, sweets and cakes. The business also has an established and growing wholesale revenue line which has grown and will continue to grow considerably 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.
Run under management by an established team, the business shows great average sales of $31k/week for July-November 23. The staff roster is well structured and efficient with production hours for the bakers operating staggered between the hours of 6am to 4pm.
The business has achieved a level and branding that many would be envious of and would make a highly desirable acquisition to any purchaser willing to look at reigning in the costs and expanding the retail and wholesale presence.
Capture and grow the enormous goodwill and branding that this café patisserie has already established. Expand the wholesale operation, extract further profit from the retail operation and decrease the wages and Cost of Goods are all achievable targets for a more profitable business. Addition of additional retail sites/kiosks is also an option. Opportunities like this this don’t come along that often and if you are in the market for something special then this opportunity would be worth enquiring about.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
The Lease commenced on February 4, 2022 and expires on February 3, 2025
A 2 year extension has been granted (taking the lease to February 3, 2027)
Further Option may be available to approved purchasers.
3% rental increases annually and at the Option.
Premises Details
The business is in excellent condition and occupies approximately 390m2 with seating capacity of 25 inside. Fully licensed. Fitted with all the necessary bakery equipment to enable expansion, including coolroom, ovens, freezers, mixers and benches. Male and Female toilets on site.
Staff Details
The business is currently run by the owner with the following staff:
Bakery:
1 x Full Time Savoury Cook
1 x Full Time Pastry Chef
1 x Casual Pastry Maker
1 x Full Time Pie Maker
1 x Full Time Kitchen Hand
1 x Casual Kitchen Hand
Café:
1 x Full Time Café Manager
5 x Casual Café Allrounder
Opening Hours
7 days
Mon-Sat 10am to 8pm
Sunday 11am – 6pm
Opportunity
Capture and grow the enormous goodwill and branding that this bakery/café has already established. Expand the wholesale operation, extract further profit from the retail operation and decrease the wages and Cost of Goods are all achievable targets for a more profitable business. Addition of additional retail sites/kiosks is also an option. Opportunities like this this don’t come along that often and if you are in the market for something special then this opportunity would be worth enquiring about.
**Weekly**
Coffee Sales 10kg
Sales $30,853
Rent $2,206
Wages $9,468
Net Profit $5,160
