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Refer to Broker
$702,000
Business Broker
Melbourne
Available for acquisition is a well-loved café in Koo Wee Rup is now available for acquisition. Known for its burgers, sandwiches, pastries, and award-winning pies, it's a local favourite, especially among tradies. With a simple, low-cost operation and strong community reputation, this is a great opportunity for a new owner as the current owners look to semi-retire.
Taking $702,000 PA
Sells 17-18 kg of coffee PW
25 indoor & 8 outdoor seats
200 sqm premises
2-bedroom residence
Fast-growing location
5-day operation
The business is a simple yet profitable venture known for offering excellent breakfast, lunch and coffee options, resulting in its loyal customer base predominantly catering to tradies.
It is centrally located, surrounded by key suburban 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. In addition, the premises come with a two-bedroom residence that can be used by staff or for additional income. 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.
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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