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Busy Shopping Centre Cake And Coffee Shop For Sale

Floreat, Western Australia
Asking Price:
$299,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$400,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Located in the Shopping Centre, This business is a newly renovated cake and coffee shop with excellent foot traffic and shop frontage exposure.

Opposite a very busy veggie market, the business is establishing a name on social media as a premium provider of cupcakes, macaroons and coffee as well as custom cake orders.

Very regretful sale due to owner health, this business is still growing in name and revenue, with 2 cafes already buying regular wholesale products and Farmer Jacks showing interest in supplying 8 of their supermarket outlets with prepackaged cupcake and macaroon boxes.

All equipment is brand new including 1800 wide 4-tier cake display fridge, 30L planetary mixer, commercial fridges and freezers, stainless steel cupboards and benches and 2 group head coffee machine and grinders.

Custom coffee cups have already been designed and shipped and are in local storage for easy access as required.

Custom boxes have been designed and ordered and are just awaiting shipment.

Low lease costs of 35kpa + expenses and no close competition means this business has amazing growth potential.

We have a small number of very talented full time staff and our bakers experience range from Rochelle Adonis, Crown Casino Epicurean Restaurant and Mandoon Estate to name a few.

All loans against the assets and business are to be paid out as responsibility of the current owner leaving no ongoing debts for the new owner, just lease and operational costs.

Thank you

If interested please contact the seller through the form below.

Property information

Real Estate:

Lease

Lease Terms:

5 year lease expiring in April 2023

Leasehold Rent:

$35,000 (AUD) per annum

Location:

Located in busy Shopping Centre with excellent foot traffic and front door exposure

Premises Details:

Located in outdoor restaurant precinct with playground, V Burger and other food premises.

Business Operation

Expansion Potential:

There is so much room for expansion with this business. As it is still a new growing shop, custom cake orders has a lot of room for growth once the business is more established.

Competition / Market:

No other cake shops are in the Centre or nearby suburbs. We have customers travel long distances to buy our cakes and baked goods with excellent social media presence.

Reasons for selling:

This business was a family vision and finally came true. Unfortunately I (the owner) was diagnosed with an auto immune disease just before opening and am not well enough to take this business to its full potential.

Trading hours:

Monday - Friday 07:00-16:30
Saturday 08:00-17:00
Sunday 10:00-16:00

Employees:
6
Years established:
5 months

Other Information

Support & training:

Prospective buyers will be trained in all aspects of the business and relationships with wholesale buyers transferred. I offer one month of full time training as part of the sale.

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Inventory / Stock value:
$45,000 (AUD) - included in the asking price

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