Price
$350,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02039
This extremely well known cafe has been fueling locals with great tasting coffee and focaccias for the last 30 years and continues to experience high growth rates. Perfectly positioned on a local shopping strip, the business sees large amounts of passing traffic at all hours and is surrounded by hundreds of residential properties.
The spacious 200sqm site has been beautifully equipped, with a desirable fit out including a full commercial kitchen, walk in coolroom, a three group La Marzocco coffee machine, large display fridges, and ample seating for 80 inside and 40 outside. As the business is so well established it creates enormous potential for future buyers, providing the opportunity to change the concept, open longer hours, or expand the menu and food lines, all of which would increase takings.
Key features include:
*Taking $18,000 per week
*Open 7 days per week, very short hours
*Affordable rent at $1,900 per week
*16 Year lease
*11pm Liquor licence including BYO
*Ample customer parking
*Endless potential
*High profits
For more information please contact Amir Foroughi from LINK on the below:
Phone: 0420 865 353
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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