Price
$499,000
Profit *
Refer to Broker
Sales Revenue
$1,664,000
Location
Maroondah City, Ringwood
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME02423
Licensed Café with State of Art commercial kitchen
Currently on offer is a thriving café ideally situated in a corporate, residential and shopping precinct. It benefits greatly from the high rate of traffic that passes by daily. Well known amongst locals, ample car parking. Exceptional commercial kitchen.
*$30,000 average weekly takings
*55-60kg of coffee sold per week
*5+5-year lease agreement
*190 seating capacity
*$550,000 worth of plant and equipment
*No Nights, short hours
*Profits over 4,000 PEBITA
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring this café to the market. It is situated in an excellent location that is a mix of a corporate, residential and shopping precinct. Most of the customers of the business are regular, with 40% coming from corporate customers and 60% coming from locals, including family groups.
The business is on an upward trajectory and still growing. It has an incredible opportunity to facilitate functions, offer catering and introduce deliveries through third-party partners.
The premises from which the business operates span 258 sqm and cat seat up to 190 customers. It is fully equipped with $550,000 worth of assets, including a brilliant semi-open kitchen, an aesthetically appealing dining area and ample outdoor seating.
Excellent team of reliable chefs and local staff, minimal staff turnover. Simple operation.
To learn more about this exciting opportunity, contact me today! I would be glad to walk you through the acquisition process as well as share more details about the business.
Listing ID: ME02423
Broker: Nouha Mohtadi
Phone: 0411 755 568
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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