Listing status: Inactive
Reason: --
Urgent Sale Required at a Fraction of the Asset Value!
Urgent Sale Required at a Fraction of the Asset Value!
Industry :
Food/HospitalitySub Industry :
BakeryAbout the business
New to the market is this profitable and unique business which includes a mobile bakery van.
The bakery/cafe is located in Fyshwick, however the owner also attends the Capital Region Farmer's Market in Mitchell on Saturdays and the Southside Farmer's Market in Phillip on Sundays. In addition to this, the owner operates a mobile bakery van selling products throughout the Canberra suburbs.
The cafe boasts a near new $1.3 million fit-out and all equipment has recently been serviced and repaired where necessary.
The current owner runs the markets and works in the kitchen 2 days per week. The current staff which includes the head baker and chef are all willing to stay on with the new owner if required.
There is a lease in place to 31 August 2026 with an option to renew for 5 years.
The bakery/cafe is open 7 days per week from 8am - 3pm serving bread, pies, sausage rolls, pastries, slices, cob loaves, burgers and breakfast. Attendance at the markets is from 7.30am - 11.30am on Saturday and 8am - 11am on Sunday.
This is a really exciting and unique opportunity for someone looking for variety in their work day. Don't delay making an enquiry TODAY!
Sale price $220,000 + SAV
For more information about this fantastic opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au
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$220,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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