Price
$1,350,000
Profit *
Refer to Broker
Sales Revenue
$3,360,499
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03373
Business Only or Business & Freehold Property or Freehold Property Only
An exceptional, long-standing and highly profitable café, deli & bakery—operated by the same family for over 69 years—is now available. With net sales of $64,625 pw and a strong 57% gross margin, this is a secure, thriving and truly unique offering.
KEY FEATURES:
*Prime Inner-Northern suburb location, less than 10km from Melbourne CBD, with strong residential exposure
*Fully equipped commercial kitchen and quality fit-out
*Outstanding 21-year lease with rent of only $2,229 per week. ($115,000 pa)
*High coffee volume: 58kg per week, with room to grow
*Short trading hours, closing at 3pm
*Large 700m² shop on an 872m² site, 24m frontage + onsite parking
*Solid, secure business with excellent profitability and growth potential
PRICING:
– Business: $1.35 million + Stock
– Property (optional): $2.55 million
– Business & Property together for $3.9 million
Enquire today.
Tony Latessa
Phone: 0412 525 151
Email: [email protected]
Jamal Dabab
Phone: 0411 305 556
Email: [email protected]
Listing: ME03373
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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*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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