This business is a well-loved local café that has become an institution owing to its longevity in the industry. It has built a solid reputation since its inception in 2006 and has continued to grow since its acquisition in 2016. It is simple to operate owing to its straightforward menu, making it a go-to for many locals. It is an ideal investment for a family operation seeking a profitable business that offers the coveted lifestyle flexibility.
*Taking $5,000 PW
*Immaculately fitted Premises
*20 seats (inside and out)
*$190 PW rent
*Cheap COGS at 28%
*Industrial area with lots of factors and workshops
Ken Bouchebli and the team at LINK Melbourne are excited to present a longstanding café to the market.
It is a popular business that attracts a loyal customer base, largely due to its simple and affordable breakfast, lunch, pies and coffee options.
It occupies a highly visible site in a predominantly industrial area with little to no other hospitality establishments.
Its premises are immaculately fitted with well-maintained and good-working plant and equipment. No additional capital outlay is necessary post-settlement, and the incoming owners could drive revenue immediately after the sale.
Owing to its straightforward processes, it does not require a large team size, making it perfect for new owner-operators or a family operation. It also operates only five days per week, making it attractive to purchasers seeking lifestyle flexibility.
This business presents tremendous potential for further growth. Fresh ideas from a new and energetic owner is a plus!
To learn more about this exciting acquisition opportunity, give Ken a call today!
Listing ID: 16936
Broker: Ken Bouchebli
Phone: +61 3 9819 4211 / +61 406 966 455
*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.
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