This business is a cosy and delightful neighbourhood café that has been operating since 2013. It has developed a loyal customer base due to its unique and tasty offerings, resulting in its strong dine-in and delivery demand. It is fully equipped and ready for operations needing only a motivated purchaser that could carry on and improve its outstanding operational performance.
*Taking $7,000 PW
*Sells 9 kg coffee PW
*10-year lease (commenced 2023)
*Cheap rent: $428 PW
*4.7/5 Google rating
John Zhang and the team at LINK Melbourne are excited to bring to the market a cosy neighbourhood café.
This business is situated in a busy shopping strip, surrounded by other thriving retail and hospitality enterprises. It is also close to a busy train station, exposing it to hundreds of shoppers and commuters daily.
The current owner has obtained a new lease for its premises, giving purchasers security of tenure in a prime location.
All operational equipment, the majority of which has just been upgraded, will also be included in the sale. Following the settlement, no additional capital outlay will be necessary.
Notably, this business is straightforward and supported by a dependable team. It is also fully managed, enabling the current owner to live a flexible lifestyle.
After 10 years of operation, the current owner is keen to sell to move on. As a result, this attractive investment opportunity is offered to all purchasers with the energy to take this business to the next level.
Call John today to learn more.
Listing ID: 16911
Broker: James Wang
Phone: 0481 117 679
*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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