Price
$199,000
Profit *
Refer to Broker
Sales Revenue
$728,000
Location
Melbourne, Carlton
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03475
This is an exceptional opportunity to acquire a fully managed cafe. The architecturally designed 162 sqm venue features polished concrete finishes, soaring ceilings, custom lighting, and a European-inspired fit-out that is as new and requires no capital expenditure. Eight car parks are included.
The kitchen is fully equipped with owned, near-new commercial equipment. The coffee shop is fully branded and trademarked with strong social media presence, a liquor licence and scope to extend trading hours or grow takeaway, catering, and delivery revenue.
The street draws consistent foot traffic from residents, office workers, students, and tourists. Educational institutions are nearby, with multiple tram routes providing direct CBD access.
*$728,000 annual revenue
*162 sqm premises with 70 indoor seats and 8 parking spots
*Fully under management
*Liquor licence in place until 1:00 am
*7+5+5-year lease (commenced November 2019)
Contact Nick Kolaitis today to learn more about this business!
Business Broker: Nick Kolaitis
Ref: ME03475
Mobile: 0411 428 161
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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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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