Sold
A family run and owned business that opened in 1988 with a strong community involvement and great reputation.
In an easy to find location that offers good exposure. Currently trading 5½ days – new owners could increase hours.
Constantly turning over above $5,500 per week (excluding GST) across 50 weeks for a number of years. Offering a range of hot foods including pies, pasties and sausage rolls as well as a range of sweets and treats including donuts, scones, biscuits and more.
The current owners ready hang up their aprons and move towards retirement.
Melanie Winter 0408 085 932
| Goodwill including Plant & Equipment | $97,000 |
|---|---|
| Stock at valuation (approx) | $2,500 |
| $99,500 |
| Current Rent | $2,746.75 per month + GST |
|---|---|
| Lease Term | 5 years |
| Lease Commencement | 1st March 2015 |
| Current Rent | 28th February 2020 |
| Right of Renewal | 1 x 5 years |
| Outgoings | Paid by tenant |
| Adjustments | CPI annually |