Melbourne, Victoria 3000

Highly Profitable Cake Business (retail, wholesale, and online)

For Sale | $299,000 WIWO

Bakery Food/Beverage Takeaway Food

Run under full management, this is an exciting opportunity to become one of the largest cake suppliers in Melbourne.

SNAPSHOT
- Asking price reduced to $299,000 WIWO
- Sales in excess of $1.0m per annum
- Enviable reputation in the industry for quality and consistency
- Significant uplift in online sales during COVID

BUSINESS HIGHLIGHTS
- Very well known brand renowned for high quality products
- Potential to convert business into a franchise model
- Basic entry level business skills required, simple business to operate
- Holds significant market share in Melbourne market
- Large purpose-built manufacturing facility (perfectly located 7km south-east of Melbourne CBD in Armadale)
- Extensive list of wholesale and corporate clients (ASX listed companies, Big 4 banks, Melbourne airport, Virgin, Jetstar, Coles, Google, Apple, Microsoft, Cadbury, media outlets, the list goes on and on...)
- Large volume of online orders received daily

STRENGTHS/ BENEFITS
- Fully equipped baking facility with all plant and equipment included in the sale price
- Capacity for growth
- Skilled and experienced team of staff will transition to the new owner
- Very high profit margins
- Current owners have no background in baking or cake making

A full Information Memorandum, including financials, will be provided only after the completion of a Confidentiality Agreement.

Contact Cameron Ryan on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1365.

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Cameron Ryan



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Cameron Ryan

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Overview

This Bakery Business is one of 152 businesses for sale in Melbourne City, Victoria, and one of 9 Bakery Businesses in this region that a business for sale currently has on offer. This Bakery Business is for sale in Melbourne City for the asking price of $299,000 WIWO and has been on market for less than 3 months.