Sydney & NSW · Franchise

Established Bakery Franchise for Sale | Broadway Shopping Centre

Glebe
Asking price$888,000
Weekly salesContact agent
Business typeFranchise
AvailabilityFor Sale

Business for sale · Franchise

Established bakery franchise at Broadway Shopping Centre, Glebe, with approximately 87.6 sqm of fitted premises.

Overview

An established bakery franchise in Broadway Shopping Centre, Glebe, offering approximately 87.6 sqm of fitted premises, an experienced team and established operating systems. The location serves local residents, students, office workers and shoppers, with takeaway and grab-and-go trade.

The business offers an opportunity for a hands-on owner-operator or an experienced hospitality operator to acquire an existing operation. Financial information is available to qualified buyers after signing a confidentiality agreement.

Franchise and operational information

Franchise royalty: 6% of gross revenue. Marketing levy: 1% of gross revenue. Established franchise and POS systems, operational support, training and supplier/product support. Exclusive operating territory arrangements are subject to the franchise agreement.

Key features

Established bakery franchise in Broadway Shopping Centre, Glebe Approximately 87.6 sqm of fitted premises Centre with over 120 specialty stores and approximately 1,665 customer parking spaces Supermarkets, fashion retailers, cinema and international brands within the centre Exclusive permitted bakery use within the agreed lease terms Equipped bakery fit-out, experienced staff and established operating procedures

Potential

Potential to develop online ordering, delivery, catering and corporate orders, supported by local marketing and social media. An experienced operator may also review staffing and operating efficiencies. Opportunities are subject to franchise and lease requirements; outcomes are not guaranteed.

Premises

Approximately 87.6 sqm with an equipped commercial bakery fit-out.

Trading hours

Monday–Wednesday: 10:00am–7:00pm Thursday: 10:00am–9:00pm Friday: 10:00am–7:00pm Saturday: 9:00am–6:00pm Sunday and public holidays: 10:00am–6:00pm

Employees

Experienced staff and established operating procedures.

Sale reason

The owner is pursuing other business interests.

The information contained herein has been provided by the vendor and sources believed to be reliable. However, no guarantee or warranty is given as to its accuracy or completeness. Interested parties should conduct their own independent enquiries and due diligence.

At a glance

Business details.

Asking price$888,000
RentAnnual base rent approximately $185,783 + GST. Estimated annual outgoings approximately $28,772 including GST. Marketing contribution approximately 5% of annual rent.
Lease termLease until November 2028. Annual rent increases of 4%. Turnover rent applies at 8% of gross sales less base rent.
Business typeFranchise
LocationGlebe
AvailabilityFor Sale
Business code1309167

Confidentiality agreement

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Submit your application and expression of interest to Jeffrey Lei.

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Established Bakery Franchise for Sale | Broadway Shopping Centre
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