This is an extremely rare opportunity to acquire a highly profitable, well known cafe in the heart of the Melbourne CBD.
Strategically located in the foyer of a huge high rise office building on one of the busiest streets in the city, this cafe has been immaculately fit out with a state of the art set up costing in excess of $1 Million, including a full commercial kitchen and seating for 100. Currently the building is only 30% occupied, leaving plenty of potential for future growth and increased takings with new tenants continuously moving in.
Key features of the business include:
*Taking $20,000 per week
*Selling 55kgs of coffee per week
*Open 5 days per week, closed Saturday and Sunday – keep your weekends free!
*Cafe holds exclusivity in the foyer
*Excellent 8 year lease in place
*Simple to operate
*Run under management
*$1,700 rent per week
For more information please contact Ross Morelli from LINK on the below:
Phone: 0417 112 911
*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.