Price
$1,350,000
Profit *
Refer to Broker
Sales Revenue
$2,600,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03319
First time on the market! Taking $50,000 per week, this fully under management cafe & roaster is located in a desirable Inner Suburban Northern City Edge position with enormous upside due to multiple new multistorey developments in the area.
This superb and highly profitable business offers:
*420m² spacious premises, fully equipped with seating for 129 and an in-house roasting facility
*50kg coffee per week with very short trading hours (closing at 3pm)
*Magnificent location opposite thriving major supermarket
*Fully licensed for 118 patrons – ideal for private functions & events
*Low rent of only $1,636 pw with a long lease
*Strong 75% gross margin
*Stunning $1.2 million fit-out
This is an exceptional, systemized and well-established opportunity is not to be missed – Reasonably priced to sell at $1.35 million.
Contact Jamal Dabab – Link Business Brokers
Mobile: 0411 305 556
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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*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.
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