Sold

Highly Profitable - Premium French Style Patisserie in Sydney\'s Ryde area

 

This highly profitable and popular french style patisserie is for sale in the desirable  affluent area of Ryde. The owner, a corporate professional, has not been able to give the business the attention it needs to continue its growth through optimising expenses and input operational changes to improve the business\'s efficiency and profitablity

 

Business Summary



    • Turnover for 2017 was $446,786 above the previous year trading

 

    • Premium fit out of $150,000 spent upon inception in December 2015

 

    • Main road location in the suburbs local retail & commercial business hub

 

    • Increased profitability potential through staff consolidation

 

    • Long Lease Term of - 2 Years + 5 year + 5 year options 

 

    • All equipment is unencumbered and will remain in the business with a value of over $80,000

 

    • One full time owner operator - wage included as an expense on P&L

 

    • One absent owner whom funded the operation



 

This business is profitable enough to normalise expenses and run under management. As well as being suitable for an owner operator, which will maximise the businesses profits. 

Suburb Putney
Price SOLD
Property Type Business
Property ID 376
Category Food/Hospitality, Food/Hospitality, Retail

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What our clients say

Geoff is the first business broker I have ever heard of who completes the transaction completely remotely and seamlessly. This was essential for my deal as it was done during Covid-19 time.   Negotiation...

Jeba Anbiah

However with Geoff Harrison guiding me through the sale process the task became much easier. Geoff was able to plan the information required, compile it for any buyer and was the master of communication....

H.E. - Hawks Nest - Post Office & Newsagency

I have had the pleasure of working with Geoff on quite a few acquisitions and finance deals, he is highly skilled and experienced professional who has the ability to see the big picture in any transaction....

Rick O'Toole

As the Owner of One of Perth’s Leading Hairdressing Salon, I have had the pleasure of knowing Geoff Harrison for over 20 years in the Hairdressing Industry. Geoff was instrumental in introducing...

Tony Faranda

Abba Group we're excellent help when it came to selling my business they provided really good help and support. Thanks guys, 5 stars

Samuel Deering

Eddie, Thank you for being the consumate professional. Not only did you achieve our asking price in such a short time, you listened to us and our needs, you took the time to properly consider our...

Kathleen Shortt