Price
$119,000
Profit *
$104,000
Sales Revenue
$468,000
Location
Melbourne, Rowville
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03301
Here's an exciting opportunity to acquire a profitable coffee and cake business in a prime shopping centre location, suited for operators seeking a simple, established operation with strong profit.
This beloved cafe has built a loyal customer base through quality coffee, freshly baked goods and specialty birthday cakes. It is strategically positioned at a corner outside the main entrance of a busy shopping centre, resulting in maximum foot traffic exposure.
*Taking $468,000 per annum with a net profit of $104,000
*Affordable rent of only $4,548 per month with 2.5 years remaining on the lease
*Prime corner position at a shopping centre entrance with maximum exposure
*Fully equipped 100 sqm premises with $90,000 P&E included in sale
*Simple operation: coffee, cakes, cookies with on-site baking capabilities
*Established customer base with specialty birthday cake orders
*Growth potential through adding savouries and pies
*Experienced staff team already in place
*No major competition within the shopping centre
Contact Gerry or Simon to learn more!
Listing ID: ME03301
Broker: Gerry Morelli
Phone: 0417 353 120
Email: [email protected]
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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*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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