MICHELs PATISSERIE, BEROWRA SHOPPING CENTRE. WELL ESTABLISHED & PROFITABLE

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


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About the business

Phone enquiries - please quote property ID 17179

This is an excellent opportunity to purchase an already established Michel’s Patisserie franchise. There are many advantages to taking over an existing store, as you have the benefit of an existing set-up and can maintain the loyal customer base already proven in this area.

NOW FOR SALE IS THE BEROWRA SHOP which is situated in the Berowra Village Shopping Centre.

The shop is very profitable with 7 good casual staff members in place. The business trades 7 days per week in the shopping centre times.

All fixtures and fittings are most equipment is included in the sale. Some equipment items are leased and a full list of details can be provided. The shop is well equipped with its own hot oven, cool room, refrigerators, coffee machine etc.

Michel’s is a well known International Franchise, with excellent branding. Having a name like Michel’s is great for business. The business sells all the Michel’s cakes (small, party, design cakes etc) and food. This shop also has excellent trade for coffees, averaging around 20kg per week. It seats 23-30 people comfortably.

The premises are leased with an existing lease in place, which can be renewed. It is fully air-conditioned and well presented. The location is also great close to Coles and Baker’s Delight, other good shops attracting excellent foot traffic.



Potential 5 years lease can be negotiated. Good profits can be $110K up to $170K a year.

Buy yourself a great name and great cashflow. Owner changing fields.

Enquire today.
Know someone that could be interested in this?
Asking Price:
$230,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2081

Locality

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Established on
1999

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
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Victoria
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

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