UNDER OFFER Fully Managed Café With Enviable Corner Location $240,000 (16864)

Price

$240,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Food/Hospitality, Retailer

Listing #

ME02320

Melbourne Retailer Business for Sale
Melbourne Retailer Business for Sale

About this business for sale in Melbourne Region, Melbourne

This busy café sells approximately 35kg of coffee per week and is situated on a busy corner. It has a simple menu and a sizable space capable of seating up to 95 customers.

*5-year operational history
*$19,000 in weekly takings
*10-year lease
*95 seating capacity
*35kg of coffee sold per week
*FULLY MANAGED with little to no involvement from the owner

Ross Morelli and the team at LINK Melbourne are excited to bring to the market this amazing opportunity to acquire a self-sufficient business. The café for sale is operated fully under management with no need for owner involvement.

The business can seat approximately 95 customers in indoor and outdoor seating. It has a classic, impressive look with white walls with timber features. Large glass windows surrounding the café let in an enormous amount of natural light.

Strategically located, the business is surrounded by offices and retail businesses. It is also close to all key amenities that drive a high rate of passing traffic daily. As such, the business is exposed to many potential customers.

Purchasers may benefit from the security of tenure upon acquiring the business. It is currently under a 10-year lease with only $1,350 of rent. The lease term had only commenced in 2022.

To learn more about this exciting opportunity, contact me today! The vendor is excited to meet qualified purchasers that can take this business to the next level.

Listing ID: 16884
Broker: Ross Morelli
Phone: +61 3 9819 4211 / +61 417 112 911
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.

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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.

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