Popular Espresso Bar in Busy Glen Iris Shopping Hub

Price

$280,000 + SAV

Profit *

Refer to Broker

Sales Revenue

$936,000

Location

Boroondara, Glen Iris

Category

Food/Hospitality, Cafe/Coffee Shop

Listing #

ME03295

Glen Iris Cafe/Coffee Shop Business for Sale
Glen Iris Cafe/Coffee Shop Business for Sale

About this business for sale in Boroondara, Glen Iris

Don't miss this excellent opportunity to acquire a profitable coffee business with minimal risk and outstanding growth potential for the right operator.

This thriving espresso bar has established itself as the go-to destination for premium coffee in a bustling shopping centre. Strategically positioned near entrance walkways and directly in front of Coles, it benefits from constant foot traffic from both dedicated coffee lovers and shoppers seeking quality beverages.

The premises feature a clean, modern aesthetic with an excellent, near-new fit-out designed for efficient grab-and-go operations. With no cooking required, this turnkey business offers a simple yet highly effective model that maximises profitability while minimising operational complexity.

*Annual turnover of $936,000; 28% COGS
*Secure 5+5 year lease until 2031; monthly rent only $6,093 monthly
*Sells 50+ kg of coffee weekly
*Fully managed operation with a 6-person team
*30 internal seats; beautifully appointed space with a modern fit-out
*Prime shopping centre location
*All equipment owned and included in the sale price
*7-day trading with potential to expand grab-and-go offerings

Contact Nick today to secure this piping hot opportunity before it's gone!

Listing ID: ME03295
Broker: Nick Kolaitis
Phone: 0411 428 161
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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