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Refer to Broker
$702,000
Available for acquisition is a well-loved cafe in Koo Wee Rup that serves sandwiches, pastries, and excellent coffee. It also serves award-winning pies, further bolstering its local reputation. It is a straightforward and low-cost operation favoured by locals owing to its superb offerings and customer service. Notwithstanding its success, its current owners have become desirous of semi-retiring, presenting an outstanding opportunity for new or experienced purchasers to run a turnkey and well-established venture.
*Taking $702,000 PA
*Sells 17-18 kg of coffee PW
*25 indoor & 8 outdoor seats
*200 sqm premises
*Fast-growing location
*5-day operation
The business is a simple yet profitable venture known for offering excellent brunch and coffee options, resulting in its loyal customer base predominantly comprised of locals and tradies.
It is centrally located, surrounded by key suburb amenities such as schools and other establishments. As such, it is exposed to high volumes of traffic daily and is a go-to for plenty of repeat customers.
It occupies a sizable shop, fully equipped with a hot plate, fryers, sandwich prep fridges, a coolroom, slow cookers, register and all other equipment necessary for its operations. All of these will be included in the asking price, eliminating the need for further capital injection.
A husband-and-wife team runs the business, backed by a full-time barista. Given the business’s straightforward business model, minimal staffing is required, enabling it to maintain low overhead costs.
The business holds immense growth potential owing to ample residential and government infrastructure developments in its proximity. Further diversification of its menu or offering catering services may drive it to more growth.
To learn more about this acquisition opportunity, give Alam a call today!
Listing ID: ME03066
Vendor: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
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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