This popular cafe is positioned on the outside of a bustling shopping complex in Melbourne’s South Eastern suburbs and is extremely well known within the local community for their wide range of dishes throughout the day.
The 200sqm premises has been immaculately equipped with a modern fit out costing in excess of $750,000 which includes a full commercial kitchen, walk-in coolroom, two storage rooms, a full espresso bar, a Moretti pizza oven worth over $50,000, seating for 160 inside and outside, and so much more. The sale also includes a refrigerated van valued at $85,000. With a coffee window opening up onto the street the business holds great exposure and can’t be missed, experiencing endless passing foot traffic. The shopping complex is the go-to destination for the local’s shopping and dining needs and is busy at all hours of the day.
Key features include:
*Taking $60,000 per week
*$800,000 net profit per annum
*Huge coffee sales at 80kgs per week
*Reasonable rent at $1,744 per week
*Great 20 year lease
*11 pm Liquor license
*Sells top quality coffee, complemented with an assortment of cakes, pastries, and excellent meal offerings.
*Hundreds of car parks available within the complex
*Lots of potential
*Seats 60 inside and 100 outside
For more information please contact Gerry Morelli from LINK on the below:
Phone: 0417 353 120
*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.