Price
$125,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME02432
OWNER IS KEEN TO SELL IS NEGOTIABLE & OPEN TO OFFERS
On offer is a multifaceted cafe that has diversified its revenue streams by offering a broad range of branded homewares. It is a go-to café for many locals, owing to its prime spot in a busy boutique strip. Overall, it is a beautifully-presented business that drives substantial revenue weekly, perfect for families or owner-operators seeking a reputable café operation!
*Taking $13,500 PW
*Sells 30 kg of coffee PW
*P&E worth $200,000
*8-year lease
*Premises updated in 2020
*4.4/5 Google rating
Kristy and Nick Kolaitis and the team at LINK Melbourne are thrilled to present a highly profitable café and homewares retailing business to the market.
It is a popular café in Melbourne’s Northern suburbs, known for its premium coffee, breakfasts, lunches, pastries, house made cakes and cookies. Additionally, it drives revenue by selling branded homewares such as artwork, body products, tumblers and candles.
It is near residential areas and public and private schools. As a result, it attracts a diverse customer demographic and is exposed to high volumes of passing traffic daily.
It is housed in a beautifully-presented shop with polished timber flooring, wooden tables and pink, white and green walls and furnishings. It also features a full commercial kitchen with new equipment worth approximately $200,000.
It is staffed by one part-time FOH (front of house) staff, one full-time chef, one full-time cook and eight casuals. The current owner is also involved in the business’s operations, although qualified staff could take control if necessary.
The business has excellent margins, which contribute to its strong financial performance. It also has robust systems in place that keep its operations simple. Overall, this business has tremendous potential for expansion, enabling prospective owners to build on the groundwork that the current owner has already laid.
Go no further if you’re looking for a profitable business that requires minimal improvement! Call Kristy and Nick today to learn more.
If you’re seeking a profitable business that requires minimal improvement, look no further! Call Kristy and Nick today to learn more.
Listing ID: 16969
Broker: Kristy and Nick Kolaitis
Phone: +61 3 9819 4211 / +61 421 136 415 (Kristy) / +61 411 428 161 (Nick)
Email: [email protected] / [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
