Price
$249,000
Profit *
$130,000
Sales Revenue
$897,000
Location
Bayside - Melbourne, Bentleigh East
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03342
This is an outstanding opportunity to acquire a well-established cafe that has been serving the community for nearly 30 years. With strong systems in place and a capable team, this business offers an ideal entry point for an owner-operator looking to step into a profitable, semi-managed operation.
Located on a busy main road in Melbourne's sought-after south-east, the business benefits from high foot traffic, excellent street frontage and strong local support from residents, shoppers and commuters. The area is known for its vibrant cafe culture and commercial vitality, with ample street parking directly in front.
The premises feature a full commercial kitchen, attractive bi-fold front windows and a professional fit-out including a coffee counter and a cake/sandwich display fridge. All equipment is owned outright and in excellent condition, all included in the sale price.
*Annual turnover of $897,000
*SDE at $130,000
*150 sqm premises with a liquor license
*Seating for 72 patrons (54 indoor + 18 outdoor) with licensed capacity for 80
*Secure, long lease until 2047 with multiple renewal options; monthly rent only $8,333
*2 full-time staff and 5 casuals, requiring just 25 hours per week of owner involvement
The hard work has been done. This turnkey café simply needs a passionate operator with fresh ideas to unlock its full potential. Contact Nick Kolaitis today!
Listing ID: ME03342
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]
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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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