UNDER OFFER Popular Cafe on Busy Shopping Strip in Ferntree Gully

Price

$239,000

Profit *

Refer to Broker

Sales Revenue

$728,000

Location

Knox City, Ferntree Gully

Category

Food/Hospitality, Cafe/Coffee Shop

Listing #

ME02678

Ferntree Gully Cafe/Coffee Shop Business for Sale

About this business for sale in Knox City, Ferntree Gully

This cafe concept is very simple – just coffee, pastries and sandwiches! Located in a busy shopping precinct in a picturesque lifestyle location of Ferntree Gully. This cafe boasts the best position and is known to have the best coffee in its immediate area with an extremely loyal local following. Its low overheads, small skilled team and high turnover makes this the perfect high profit formula. Its simple setup makes this the ideal cafe for the first time buyer, owner operator or visa buyer, no experience necessary.

Although sales are largely take-away, it is beautifully set up with plenty of indoor and outdoor seating. While the business functions efficiently in its current setup, there is a large, under-utilised back room which contains a large new cool room. For those looking to expand the food offering and further grow the business, it can easily be converted into a kitchen. 

The simple operation and winning high profit formula makes this the perfect entry level cafe. Don’t miss this one!

Business highlights:

40-45+kg of coffee a week
Secure 5×5 lease and cheap rent $430/week
Short opening hours. M-Sa  7-3, Su 8-2.
Simple procedures and reliable, skilled casual staff. Only basic preparation required. No chef!
Perfect for experienced owners or those looking to get into the business
Major potential for growth with under-utilised back room
Full training provided, if necessary
Proven, consistent sales over 3 years of trade with strong profit growth in FY 23/24
Over 200k in owners’ pocket 23/24

To learn more about this exciting business, contact me today! I would be glad to provide more details to qualified purchasers.

Listing ID: ME02678
Broker: Simon Sheridan
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.

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