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CONTINENTAL HOT BREAD MAJOR SHOPPING CENTRE - Business For Sale

Melbourne, Victoria, Australia

Listing: 1851 | Ref: Unspecified | Agent: 127
Asking Price: AUD $155,000.00
Gross Income: AUD $7,000.00
Cash Flow: AUD $100,000.00
Fixtures & Fittings: Undisclosed
Stock & Inventory: Undisclosed
Owner Financing: No
Year Established: 5
Trading Hours: 8:30 to 5:30
Employees: 3
Terms of Sale: Unspecified

Business Description

WHAT A GEM – WITH LOCATION, LOCATION, LOCATION IN A NORTH WESTERN SHOPPING CENTRE

This business was established by the same person who invented the Hot Bread concept before Bakers Delight and Brumbys came on the Melbourne Market.
The product offering is simply 1st class, aesthetically appealing and “CHEAP”.
It is the only Continental Bakery in the shopping centre and enjoys an unbeatable location. You just can’t walk past this bread shop without buying something.

This is not a Franchise

FAST FACTS

$7,000 weekly Sales
Rent $980 per week
Lease – 3 ½ years with new 5 year lease from Shopping Centre Management.
Totally under management
Profit to an owner operator – $100,000
Trial period offered

FEATURES AND POTENTIAL

Business would definitely improve with owner working in the business
Retail prices could easily been increased by up to 10% on most items without losing sales.
New product lines could be introduced to boost sales further
Ideal entry level business or for husband and wife
This business should be doing $9,000 per week
This is the first time the business has been advertised (03/06/2011) and it WILL BE SOLD in the next couple of weeks

This Business is Exclusively Listed With Excel Business Broking Services

Call Peter Troy
0412 330 077
email:- petert@excelbbs.com.au

Detailed Information

Expansion Potential: Expansion of product

Competition & Market Info: Nil

Reasons for Sale: Concentrate on other existing business interests - winding down to retire

Support & Training: Yes 2 weeks

Real Estate Information

Property Type: Leasehold

Lease Terms: 3 1/2 years

Leasehold Rent: $980 Per Week

Location: North West

Premises Details: All in good condition

Size (Sq m or ft): Unknown

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