For Sale: Custom Cake & Retail Bakery – Ascot Vale
Melbourne’s first 100% plant based bakeshop. Established 2010 with loads of gluten free + allergy friendly options. Specialising in birthday cakes.
This Is A Fantastic Opportunity To Get Into The Hottest Growing Sector Of The Food Industry.
Have a passion for cake decorating and ready to showcase your artistic skills? This opportunity to own a profitable custom cake + retail bakery might be perfect for you!
_ Well established niche retail bakery shop with growing clientele
_ Prime busy retail location catering to both the surrounding neighbourhoods with daily-needs retailers, as well as the pickup and prepaid uniquely prepared cake orders.
_ Seats 30+ patrons indoor + outdoor
_ Long secure lease
_ Excellent rental term and conditions
_ Absentee owner run
_ Well trained staff and management in place
_ Strong reputation for quality and amazing vegan, egg & dairy free, gluten & lactose, cochineal & gelatine, wheat & corn free cakes
_ Expansion beyond the current geographical footprint is also very possible by utilising wholesale distribution
_ Any baker will appreciate the straight forward layout built for efficiency and ease of production, with well-equipped store with excellent fixtures, fittings and equipment.
_ Recent updated leasehold improvements
_ Huge opportunity for an aggressive owner operator to take over this specialist bakery and take it to the next level! Plenty of room to scale the business up, add wholesale, expand retail sites. A catering business looking to expand into a new market, or existing company looking to bolt onto existing portfolio and expand into new lines, Or are you simply just passionate about plant based foods to turn that passion into a reality with your own Vegan food company!
_ This business enjoys excellent margins
The 2019 sales were $1.3M and the net profit was approx $220K! Financials packet available for review with signed NDA. Interested?
We look forward to talking with you about this exciting opportunity!
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.