Price
$649,000
Profit *
Refer to Broker
Sales Revenue
$1,976,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME01668
An icon in the area!
This large, 260sqm cafe is located n the corner of a busy main road shopping strip in the heart of Melbourne's North East. The beautiful premises has been set up to perfection with no expense spared including a full commercial kitchen, walk in coolroom, espresso bar, coffee window opening on to the street, large windows bringing in loads of natural light, and seating for 100 inside and 80 outside.
The business is extremely popular among locals and sees majority returning on a regular basis and has quickly become the go to destination in the area for quality coffee and meals.
Key features:
*Wages $13,000 per week
*Taking $2,184,000 per year
*Sells a whopping 70kgs of coffee per week
*Open 7 days per week, 7am-3pm
*Reasonable rent at $2,961
*Long 20 year lease in place
*Excellent fit out
*Licensed
For more information please contact Simon Sheridan from LINK on the below:
Phone: 0400 858 900
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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