On offer is a highly regarded cafe strategically located in a prime position at the core of a prestigious shopping street known for attracting significant foot traffic daily. The business has established a solid reputation, reinforced by numerous positive Google reviews. It enjoys a weekly sales volume of 50 kg of coffee and a significant weekly taking of $22,000. Overall, it shows substantial growth potential, rendering it an outstanding opportunity for a driven new owner to propel the business to new heights of success.
*Taking $22,000 PW
*Sells 50 kg coffee PW
*Sells 10 kg hot chocolate PW
*2 FT | 7 casuals |2 owner-operators
*65 sqm premises
*P&E worth $150,000
Gerry Morelli and the team at LINK Melbourne are thrilled to present a profitable cafe in the market.
A well-known local coffee lounge with a long history of success dating back to 2011 when it was established. The current owner has been at the helm since 2014, and it is situated in a prime location with high foot traffic.
With an enticing menu featuring great coffee, burgers, fries and other snacks, it has built a reputation for exceptional service and quality offerings. It boasts a positive standing, with 4.3 out of 5 ratings based on 128 Google reviews, highlighting the cafe as a beloved community staple.
The premises occupy a 65 sqm site and are surrounded by an array of top-level businesses. It features a modern setup that can seat up to 50 patrons inside and out. The shop has a sleek, contemporary design, with a semi-commercial kitchen and all equipment owned, eliminating the new owner’s need for additional capital investment.
Supported by two full-time employees, seven casual staff, and two dedicated owner-operators, it has a simple yet effective operation that offers a substantial potential for growth, making it an excellent opportunity for a motivated new owner.
Take advantage of this exciting opportunity! Get in touch today to learn more about this business.
Listing ID: 17043
Broker: Gerry Morelli
Phone: +61 3 9819 4211 / +61 417 353 120
*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.
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