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Refer to Broker
This café is an incredible opportunity to secure a business in an excellent commercial location. It has an up-to-20-year lease with 18 years remaining, enabling the purchasers to benefit from the security of tenure of operating in the same location that customers have already associated with the business!
*$5,000 average weekly takings
*5-day operations
*$250,000 worth of plant and equipment
*18-year lease
*$965 weekly rent
Nick Kolaitis, Kristy Kolaitis and the team at LINK Melbourne are excited to bring to the market this exciting opportunity to acquire an almost-brand new café. The business was established in 2020 and is fully equipped with all the assets required to operate the business, which cost $450,000 to set up.
Included in the business assets are a full commercial kitchen, walk-in cool room and a stunning outdoor seating area. Due to the size of the business premises of 120 sqm, it has the potential to be utilised as a function venue to diversify its revenue stream.
The business is located under a large office complex that is multi-tenanted, enabling it to derive customers from the offices in the building. It is also on a busy main road that experiences a high rate of traffic daily.
Operating the business are four part-timers and one casual. Purchasers have the opportunity to follow suit or install themselves in key positions that could potentially lessen wage costs.
To learn more about this incredible opportunity, contact us today! We would be glad to provide qualified purchasers with more details.
Listing ID: 16932
Broker: Kristy Kolaitis and Nick Kolaitis
Phone: +61 3 9819 4211 / +61 411 428 161 / +61 421 136 415
Email: nick.kolaitis@linkbusiness.com.au / kristy.kolaitis@linkbusiness.com.au
*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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