The Grain & Bean - Bakery

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Business Description

Located in the West Lake Shore Shopping Centre on Bartley Terrace right next door to Foodland and, as the name suggests, they specialise in all things made from grain and beans!

Trading since 2009 this family owned and run bakery is a serious hit with the locals. Current turnover is between $16,000 to $17,000 per week and their trade just keeps increasing. The fresh and bright shopfront offers bar stools and a bench for those in a hurry or waiting for a coffee-to-go or seating for over 40 people who prefer to relax and enjoy.

The Grain and Bean cater to everyone with the traditional savory favourites including pies, pasties, sausage rolls plus sweets like donuts, lamingtons and handmade biscuits - all of which are made on site. Currently coffee sales are around 25kg per week.

At a glance:

  • Bakery trading since 2009
  • Products baked on site
  • Seating for 40 for those wanting to relax & enjoy
  • Current turnover $16,000 - $17,000 per week
  • Coffee sales around 25kg per week
 

Melanie Winter - 0408 085 932 & Tony Iasiello - 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $280,000
Stock at valuation (approx) $12,000
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$292,000


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Staff Summary

Three vendors work in the business - two full time and one part time. The business also employs seven casual staff.

Lease Summary

Current Rent $4,075.31 per month incl. GST
Lease Term 5 years
Lease Commencement 1st March 2014
Lease Expiration 28th February 2019
Right of Renewal 1 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually

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