Price
$79,000
Profit *
Refer to Broker
Sales Revenue
$728,000
Location
Banyule, Ivanhoe East
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03208
This cafe is a local gem, favoured for its high-quality coffee and food options. It sees a high rate of repeat customers, with its popularity backed by a 4.4-star rating on Google. Occupying a busy boutique shopping location and backed by a reliable team of staff, this is the perfect acquisition opportunity for new or experienced owners seeking a profitable venture!
Popular cafe with a loyal customer base with immense potential for further expansion.
*$728,000 in annual revenue
*Sells 27 to 30 kg of coffee PW
*Great Rental of $1056 PW
*4+4+4 years lease; approx. 9 years remaining
*95 sqm, well-equipped premises with a full commercial kitchen
*Busy shopping strip location close to residences, schools and offices
With strong foundations in place, this turnkey opportunity is ready for immediate revenue generation. No additional capital injection necessary – priced at only $99,000!
Contact Nick today to learn more.
Listing ID: ME03208
Broker: Nick Kolaitis
Phone: 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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