Listing status: Inactive

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MASSIVE Price Drop! Popular Cake Shop, Central Coast Location

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

- Price $75,000 (Walk in Walk Out)

- Rent Yearly $69,518


Reduced massively in price, from $149,000 (WIWO), to $75,000 (WIWO). The owner is very motivated to sell.

This popular cake shop provides customers with amazing custom cake, cupcake, and cookie creations, which taste even better than they look!

Located in a high traffic area, this shop can also run as a Café as it has done prior to COVID-19 restrictions. This business includes a spacious indoor and outdoor seating area offering customers a variety of bakery products, as well as Coffee and Devonshire Tea. This store boasts a large food preparation kitchen/area, with a 5 Star Hygiene and Health Rating from the local council.

The business has been in operation for 8 years and has a loyal, and far-reaching customer base with customers travelling from all over the Central Coast for their products. Sales derive from returning customers, social media, word of mouth referrals, walk-ins, and through the website.

The business also generates revenue from corporate customers and has recently started supplying cupcakes and cakes to a local shop on a wholesale arrangement.

This business includes the following staff members:

* 1 x Decorator/Baker - Working 36 hours on a casual basis,
* 1 x Baker - Working 21 hours on a casual basis (this employee is soon to take over the owner's role - which includes working in the stores, working full-time).
* 1 x Manager - Full time
* X 6 Casual Sales Staff - rotated on a weekly basis.


This Business Ticks all the Boxes:

 Beautiful Fit-Out that is Modern and Attractive,
 Prime location, suitably situated in a High Foot-Traffic area,
 Online Ordering available to customers via the website,
 Ample and easily accessible Parking,
 Highly capable and enthusiastic team of Employees.

This business has a strong Social Media presence, with an active Facebook and Instagram account.

This business, like many others was affected financially by COVID lockdowns and restrictions, however it is now thriving.

This business would suit an owner/operator, or it can continue to be run under management due to the profits.

Please contact Dani Rifai on 0411 870 977, at dani@bagents.com.au, or click on the provided link for more information (Licence Number 10064471).
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Asking Price:
$75,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2261

Locality

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Established on

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Revenue

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EBITDA

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No. of employees

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Lease period

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Contact Details Verified

Email Broker Verified

Advertiser Details
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