Excellent opportunity to purchase a family-friendly cafe and eatery, offering a rage of lunch options, cakes, sweet treats, croissants and quality coffee.
This busy cafe is located in one of Melbourne’s most frequented shopping centres in the sought after eastern suburbs. The centre has recently undergone major renovations with it’s modern new look drawing in huge crowds daily. Surrounded by key retail outlets including supermarkets, pharmacies, and clothing stores, the business experiences high rates of foot traffic and is a popular lunch time or coffee break destination for shoppers.
Key features of this superb business include:
*Taking $9,000 per week
*Run fully under management
*Busy shopping centre
*Open 7 days per week
$1,575 rent per week
*5 Year lease in place
*HUGE POTENTIAL to increase takings by adding more food lines
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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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