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Refer to Broker
Refer to Broker
Business Broker
Melbourne
This business is a longstanding café that has been owned and operated by its current owner for the past eight months. It has been operating successfully owing to its consistently high-quality coffee and food offerings and its welcoming service that customers have grown to enjoy. It occupies a prime location and an exquisitely fitted double shop, ready for new owners to step in and build on the excellent business model the current owner has developed.
*Taking $14,000 PW
*Sells 15 kg coffee PW
*Newly renovated double-fronted shop; $600,000 fit out
*15-year lease
*100 seats (in and out)
*Unique liquor license (7:00 am to 1:00 am)
*Fully managed
*4.5/5 Google rating
Gerry Morelli, Nadia Polzella and the team at LINK Melbourne are thrilled to present a well-presented café to the market.
It is a long-standing operation that has become a popular dining destination for locals, serving a diverse demographic ranging from young customers to older generations. The current owner acquired and significantly improved it in 2022, as evidenced by its excellent reviews on Google and other online platforms.
It is in a prime place, close to a bustling shopping strip with high volumes of foot and vehicle traffic daily. Its amenities were also completely renovated, resulting in its stunning, light-filled premises today. It has a commercial kitchen, full espresso bar and a spacious storage and prep area.
It is licenced to serve 70 customers inside and 30 outside. It also has a unique liquor licence, enabling incoming owners to engage in night trade, potentially doubling the business’s current revenue.
The current owner is not involved in day-to-day operations and only steps in when necessary. A solid team of a chef, sous chef, barista and supervisor, as well as several casuals who are called in as needed, supports the business.
This business has enormous growth potential, as evidenced by its continued success since its rebranding eight months ago. With a more energetic owner at the helm, it is poised to become one of the most popular cafes in the South Eastern suburbs, with only minor marketing improvements required.
Are you ready to push this business to the next phase of success? Call us today to find out more.
Listing ID: 16947
Broker: Gerry Morelli
Phone: +61 3 9819 4211 / +61 417 353 120
Email: gerry.morelli@linkbusiness.com.au
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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.
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