Currently on offer is an institution café, favoured by a loyal customer base since 2009. It has cultivated a strong following for its seasonal breakfast and premium coffee menu, making it a popular meeting spot for locals and a destination for food enthusiasts. This simple business is deriving consistently impressive weekly takings, perfect for new or experienced operators and families seeking a well-presented investment opportunity.
*Taking $14,000 PW
*40 kg coffee sold PW
*Low COG: 30%
*4 years lease (more available)
*P&E worth $150,000
*120 sqm premises
*4.2/5 Google rating (230+ reviews)
Gerry Morelli and the team at LINK Melbourne is thrilled to present a longstanding café to the market.
Operating for 14 years, this café is an icon in its local area.
Known for its all-day breakfast menu and superior coffee, it attracts customers effortlessly. Located in a busy shopping strip near numerous residences, it also benefits from excellent exposure to constant foot and vehicle traffic.
The premises are beautifully fitted with a rustic interior and an exquisite courtyard, providing customers with a cozy dining ambience. All necessary assets for continued operations are also in place, requiring no additional capital investment post-sale.
With a team of two full-time and three casual staff members, along with the owner-operator, the café operates efficiently with low costs.
Notwithstanding its simple menu and limited hours, it presents significant growth potential. Moreover, improved marketing and extended trading hours could increase coffee sales and weekly revenue.
For more information about this exciting business opportunity, contact Gerry today!
Listing ID: 17063
Broker: Gerry Morelli
Phone: +61 3 9819 4211 / +61 417 353 120
*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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