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Refer to Broker
$800,000
This is a solid opportunity to run a rare, profitable and long-running eatery in Northeast Melbourne.
Operating since 2012, this business offers both takeaway and dine-in, accommodating 100 customers indoors and 50 outdoors from its 200 sqm site. It has become known for its high quality and diverse menu, attracting a loyal customer base and allowing it to exceed $800,000 in annual revenue and a $230,000 net profit–all while trading only five days a week.
The business has low overheads, with rent at $3,800 per month covering all outgoings except electricity and no council rates. It features a fully equipped commercial kitchen (all equipment is owned, except for the coffee machine).
*Taking over $15,000 PW
*Rent $3,800 PM, including outgoings
*200 sqm with 100 indoor, 50 outdoor seats
*Fully equipped kitchen; all plant and equipment are owned except the coffee machine
*Rare strategic university position
Contact John today to secure this highly profitable business before it's gone!
Listing ID: ME03252
Broker: John Zhang
Phone: 0419 366 236
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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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