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 |
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Stock at valuation (approx) | $2,500 |
$99,500 |
Current Rent | $2,746.75 per month + GST |
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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 |