A prime opportunity awaits with this established cafe in the heart of Melbourne’s bustling inner city, attracting a large volume of foot traffic. Boasting a stylish and meticulously designed interior, it has become a go-to destination. The business focus on top-quality artisan bread and pastries has earned it an excellent reputation, as demonstrated by its high Google ratings. With huge potential for expansion, this business is ideal for an owner-operator or couple seeking to capitalise on its renowned brand.
*Taking $21,000 PW
*Sells 25 kg coffee PW
*2 FT | 7 PT
*80 (inside: 50 | outside: 30)
*4.2/5 Google rating
Simon Sheridan and the team at LINK Melbourne are excited to bring a prospering hospitality venue to the market.
Discover an exciting opportunity to own a thriving cafe in one of Melbourne’s bustling locations. Established in 2018, it has quickly made a name for itself, garnering high Google ratings. With its prime location in a high foot traffic area, it has become a popular destination for coffee and pastry enthusiasts alike.
The business is fully managed, providing the incoming owner with the advantage of having flexibility in their lifestyle. It operates seven days a week, offering ample opportunities to generate revenue and grow the business.
The premises have been secured with a lease term of eight years, with two years remaining on the lease. It offers ample space for up to 50 customers in its spacious interior and additional seating for 30 outdoors. The fully equipped cafe includes a linear PB 3 group coffee machine, three grinders, and a fully fitted kitchen with a cool room.
The cafe underwent a significant renovation in 2018, costing $700,000 and resulting in an impressive transformation of its interior space. With no additional capital needed for the new owner, it presents an ideal investment for anyone looking to break into the competitive hospitality industry or expand their portfolio. Take the chance to make this business your own and take it to the next level!
To learn more about this exciting opportunity, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: 17040
Broker: Simon Sheridan
Phone: 0400 858 900
*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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