Price
$440,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02295
This business is one of the most popular and iconic cafes in Melbourne’s Bayside region. The café has a stunning architecturally designed fit out situated in a prime retail, easily accessible and beachside location. The business is known for their top quality coffee & innovative meals, it is fully managed and does not require a cent of additional capital injection after settlement. It is an ideal investment for the astute investor or suit owner operators.
Key features include:
* Taking $33,500 pw
* Excellent margins; Gross profit 72% +
* $2 million in sales pre-covid
* Sells approx. 40 kg coffee pw
* Long secure lease
* $1,000,000 spent on fitout
* $200,000 worth of P&E
* 150 seats
* Liquor license
* Corner location with expansive outdoor area overlooking the beach
* Lots of potential to expand outdoor dining area and expand trading hours
An incredibly popular café, fully managed, excellent margins, a great concept, prime location and a devoted customer base…the perfect blend for a profitable business.
Listing ID: 16830
Broker: Gerry Morelli
Phone: 0417 353 120
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
