Reference No: 7663

Food and Hospitality
Not Assigned QLD

Price: $3,500,000

Rare opportunity to acquire a Highly Profitable & Long established German bakery café group For Sale

"Under Management Profits $1.0Mil+ Sale Price $3,500,000"ono
Luneburger is a premium bakery-cafe group based in Sydney Australia and is re-nouned for its authentic German breads, pastries, pretzels, sandwiches and coffee. It has been a favorite Sydney destination for over 15 years and currently operates with 4 retail outlets (3 company owned and one under license). The business has been established as a centralized hub and spoke model utilizing a frozen supply chain and is readily expandable as desired. In that sense it also is  a franchise ready business.

The store format has been designed to bake off frozen products instore with the following key benefits:

1.  No in-store manufacturing  Low Labour costs
2.  operate from minimal shop space- Low Occupancy cost
3.  As products are baked on site, owners can maximize the customer experience with freshly baked products daily
4.  No limitation on supply and sales capacity with low wastage
5.  Owner can achieve high sales volumes from relatively small footprints
6.  The Luneburger bake-off model can be an ideal add on to other business formats
7.  Current stores are in Prime Retail locations
8.  Consistent High turnover. $6mil in 2019FY
9.  Highly profitable Business. ROI 28%+ under management. More for Owner/Manager.
10.  Further potential for growth. Ready to franchise out across Australia & Internationally
11.  Good systems in place provides ease of operation.
12.  So many Popular products on the menu.
13.  Would suit an ambitious entrepreneur looking for a scalable business opportunity

The Business is suitable for an astute entrepeneur with business & marketing skills to grow the business further.
THE CAFE BAKERIES ARE CURRENTLY OPERATED UNDER MANAGEMENT
Bank Finance is available to qualified buyers.
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Price: $3,500,000
Business Brokers Network Australia
Address:
GPO Box 2068
BRISBANE, QLD, 4000

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Contact: Frank Sassin
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