Price
$550,000
Profit *
Refer to Broker
Sales Revenue
$1,300,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME02401
Currently on offer is a beautiful modern café that can seat up to 72 customers. It is extensively fitted with everything it needs to operate, enabling good continuity of operations upon transition to new ownership.
*$25,000 average weekly takings
*7+7+7-year lease agreement
*$1,690 weekly rent
*200 sqm shop
*72 total seats
*30 kg of coffee sold per week
Simon Sheridan and the team at LINK Melbourne are thrilled to bring to the market this beautiful café that is extensively fitted with everything it needs to operate. Business assets include a full commercial kitchen, walk-in cool room, floor-to-ceiling glass, murals and intricate cladding among others. The full setup cost in excess of $800,000 and is still evident when you walk in the premises.
The business is ideally located in a high-exposure location in a thriving shopping plaza that is constantly filled with people day in and day out. The café itself is located at the bottom of a multi-story apartment complex, exposing it to a high rate of potential customers daily.
With a full team of staff in place the owner-operator only spends 10 hours per week on the business. Purchasers may follow suit to enjoy lifestyle flexibility while ensuring that the business operates seamlessly.
Aside from serving customers within premises and offering takeaway, the business makes its coffee and food available through UberEATS. It derives gross daily sales of $200 to $400 through Uber.
To learn more about this exciting opportunity, contact me today! I would be glad to share more details with qualified purchasers.
Listing ID: ME02401
Vendor: 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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*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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