Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Frankston
- State
- Victoria
- Price
- $1,300,000
- Category
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Well Loved Local Bakery on a Residential Main Road
$1,300,000
Frankston, Victoria
Well Loved Local Bakery on a Residential Main Road
This acquisition opportunity is for a longstanding bakery that has captured the hearts of locals and passers-by. It has been operating under its current owner for 36 years, benefitting from no competition in the area.*$1,375,069 annual takings
*$1,054,545 annual gross profit
*$19,646 monthly owners’ salary
*Near-new equipment
Purchasers have a rare opportunity to acquire a longstanding bakery with a strong reputation cultivated over more than 30 years under the current owner. The business enjoys an outstanding market position with no direct competition, ensuring consistent demand. It has near-new equipment and a proven track record of excellence as evidenced by its award-winning pies and coffee.
The business is located on a main road in a residential area, benefitting from high visibility and convenient front car parking. Its premises feature a single-fronted shop that extends into a long space ample for operations.
Operating the business are two full-time working owners and 11 part-timers, many of whom have been with the business for decades. The staff work full days despite being listed as part-time, ensuring operational consistency and efficiency.
To learn more about this exciting opportunity to acquire a thriving business, contact Tony Latessa today!
Listing ID: ME03162
Broker: Tony Latessa
Phone: 0412 525 151
Email: tony.latessa@linkbusiness.com.au
Ref: ME03162
Timestamp: 20250422013003
Business Links / Tools
Last updated: 22nd April 2025
Agency
LINK Melbourne / Tasmania
Contact
Tony Latessa
LINK Melbourne / Tasmania- +61 3....
- +61 41....
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