WE ARE PLEASED TO OFFER EXCLUSIVELY THIS “SWEET TREAT” OF A LISTING.
SEEKING EXPERIENCED JOINT EQUITY WORKING PARTNER – INVESTOR -BUYER
Rare opportunity to own a multiple location bakery with strong brand recognition, gorgeous locations, excellent customer service and a strong social media following.
This successful well established, multifaceted, attractively priced bakery could be the perfect fit for you.
Unique Investment opportunity to own a popular cupcake bakery that features artisan pastries – all baked from scratch, and serving speciality coffee. The business is based in Melbourne, Victoria with 2 unbeatable retail locations based in the CBD, and a fully equipped commercial production bakery facility.
When visiting the storefront located in popular and well trafficked areas, you will be delighted to see a wide spread of delectable cupcakes sold individually, by the dozen or even as a bundle package! Huge scope to expand their offerings even further, so if you have a sweet tooth or need a cup of coffee this the place to go. There is massive potential for growth on the in-store menu and increasing the store’s limited hours should offer and obvious increase in the retail side of the business.
With the retail stores opening in 2018 and 2019 right before the shutdowns, this business not only weathered the storm that Covid threw its way in 2020, it even managed to expand and grow despite Covid related setbacks. Rebounding from 2020s shutdowns and ongoing restrictions, the number of 2021 sales and online purchasers has impressively shown a 37% increase over 2020 levels. Only a few months into 2022 and business is booming with strong online sales, makes this Bakery business a very lucrative money maker.
PROPERTY FEATURES AND ASSETS:
The business operates out of a 160 square metre commercial bakery kitchen space which is located in Inner Melb plus 2 modern designed retail shopfronts and are located in prominent busy foot traffic central CBD locations.
The bakery currently produces a large variety of cupcakes, there are many opportunities for a new owner by adding wholesale distribution/ catering/ increasing online sales locally and nationally and has the ability to increase business by expanding their product offerings to include breads, cookies, croissants, bagels etc, and many more baked items. Profits and revenues can be increased by expanding the advertising and marketing efforts, as the majority of their growth has come from word of mouth referrals.
There is limited direct competition in the immediate area. Growth & Expansion: There are several growth opportunities for this business. The addition of catering, wedding venues and wholesale clients are untouched opportunities for a new operator. Catering to parties and events generally have solid margins, so marketing and advertising these services to the local community and businesses could prove to be beneficial as well.
This opportunity is perfect for investor on the lookout for potential business opportunities, hospitality group, corporate entity looking to increase their portfolio, and established professional baker looking to expand their horizons or events/marketing professionals who wants to add another dimension to their offerings. This opportunity comes with the staff, equipment, technology and bookings to continue the businesses success.
There are established procedures and a well-trained staff in place which presents the investor/partner with a turn-key opportunity. Owner is willing to hear all offers!
To request more information regarding this listing, contact: Boston
Nathan 0411 988 999
Martin 0419 999 773