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Bakery and Sandwich Shop for sale on the Northern Beaches - Average Weekly profit to owner $9500 CF

$585,000 + SAV

Manly, New South Wales

Bakery and Sandwich Shop for sale on the Northern Beaches - Average Weekly profit to owner $9500 CF

Serving Breads, Buns, Gourmet Sandwiches, Pies & Sausage Rolls, Cakes, Slices, Pastries etc.
Thousands of Sandwiches and Rolls served Weekly.
Prime Position situated in beachside location on a busy Shopping Strip.
Long Lease 4 + 5 Years.
Cheap rental around 5.5% of turnover.
There is a significant wholesale element to the business.
The replacement value of the equipment is estimated by the owner to be around $300,000.
Limited Direct competition in the surrounding area.
A large grab and go element to the business.
Situated in a high income demographical area.
Surrounded by a hotels, Banks, Chemists, Restaurants and other Retail Businesses.
Increase turnover by establishing a website and conduction social media marketing.
100's of surrounding parking spaces.
All equipment is unencumbered.
Significant development in the surrounding area bringing a higher occupancy to the area.
1000s of daily passing traffic.
Summer is coming, get in now in preparation for the busy summer trade.
Secure this business now before it is SOLD.

Ref# 1166
Clifford Forster

For more information request a Business Profile at:
www.universalbusinessbrokers.com.au/1166

PLEASE NOTE:

THE PURCHASER IS TO DO THEIR OWN INVESTIGATION INTO TO THE BUSINESS AND NOT RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR ANYONE ON THEIR BEHALF.

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Last updated: 11th November 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Manly
State
 New South Wales
Price
$585,000 + SAV
Category
  • Bakery
  • Cafe/Coffee Shop
  • Takeaway Food

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Clifford Forster