Buy Owner Selling after 15 Years Prestigious Cafe/Patisserie In Riverside Suburb!
Retail - Food/Beverage Businesses for Sale in Attadale, WA, Australia
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Title: | Owner Selling after 15 Years Prestigious Cafe/Patisserie In Riverside Suburb! |
ID Number: | 7966 |
State: | Western Australia (WA) |
City/Town/Suburb: | ATTADALE WESTERN AUSTRALIA 6156 |
Listing Type: | Businesses |
Categories: | Retail - Food/Beverage, Small Business - Other, Retail |
Description: | Established in July 2000 this retail/wholesale Bakery/Patisserie is located in Attadale a luxury riverside suburb 18km from Perth CBD. The patisserie/cafe has a highly reputable product range and is a well recognized brand in Perth and WA. Their products can be found in over 50 supermarkets all across Western Australia In October 2006 and 2007, this patisserie was featured in the West Australian newspaper as ONE of the TOP5 Patisserie and ONE of the TOP 5 Bakeries in Wester Australia! They offer high quality breads, pastry products & cakes based on traditional Austrian/European production techniques set in a classy European cafe environment. In July 2009 the operation underwent a complete refit of the retail cafe at a cost of over 180.000 AUD. The owners are selling the retail patisserie/cafe. At current levels a owner operator couple stands to earn at least 130K+/year (working 5-6 days only) 12 year lease (6.5 years left) Several growth opportunities: 1. Only trading 5 days TUE-SAT. Used to trade Sundays, but owners choose not to as a lifestyle choice 2. Expansion of lunch trade 3. Breakfast trade weekdays and weekends Facilities: 12 year lease (6.5 years left), 135 sqm, present seating for 40+, can be expanded Training/Support: owner will be staying on to train the new operators for up to 3 month Sale Reason: The owners youngest child has a physical disability which requires much more time that can be dedicated while running a retail and wholesale bakery. Owners will retain the wholesale business and relocate production upon finalized sale. |
Price: | $ 165,000.00 to $ 185,000.00 ONO |
Stock Value: | $ 2,000.00 to $ 5,000.00 |
Net Profit: | $ 130,000.00 approx |
Turnover: | Upon application |
Plant Value: | $ 240,000.00 approx |
Lease Terms: | 12 year, commencing July 2009 |
Rented Area: | retail cafe & kitchen 135sqm |
Trading Hours: | TUE-FRI 6am-5pm, SAT 6am-2pm |
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