Price
$3,900,000
Profit *
Refer to Broker
Sales Revenue
$3,360,499
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME03375
Business & Property or Business Only or Property Only
An exceptional opportunity to acquire a thriving, long-standing and highly profitable café, deli and bakery with the option to also secure the freehold. Taking over $64,000 per week in net sales, operating short hours, and serving 58kg of coffee weekly, this business offers strong performance and lasting stability.
HIGHLIGHTS:
*Solid and reputable business, family-owned for over 69 years
*Prime Inner-Northern suburb, less than 10km from Melbourne CBD
*Fully equipped commercial kitchen with quality fit-out
*Impressive 700m² shop with 24m frontage on an 872m² site with on-site parking
*Exceptional potential to increase turnover with fresh, new operators
*Strong 57% gross margin, high profits, and consistent proven turnover
*A rare opportunity to secure both a tremendous cashflow business and a prominent freehold property
OPTIONS & PRICING:
– Business & Property: $3.9 million
– Business Only: $1.35 million
– Property Only: $2.55 million (returning $115k per annum with a 21-year lease)
ENQUIRE TODAY
Tony Latessa
Phone: 0412 525 151
Email: [email protected]
Jamal Dabab
Phone: 0411 305 556
Email: [email protected]
Listing: ME03375
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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