Price
$339,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Northern Victoria, Bendigo
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03215
This cafe has been operating since 2010 and has developed an excellent reputation due to its high-quality coffee – all roasted in-house! It is strategically positioned in Bendigo’s CBD, attracting a diversified clientele that includes students, professionals and the general public.
Immensely popular CBD cafe, operating for 15 years. Strong turnover, lucrative margins and massive potential for growth.
*Taking approx. $24,000 per week; strong margins with COGS at just 32%
*Sells 110 kg of coffee per week (wet: 50 kg | dry: 60 kg)
*Up to 8 years remaining on lease with additional options available; cheap rent at only $5,600 incl. GST
*180 sqm premises – triple fronted CBD location surrounded by offices, shops and council facilities
*Complete with a full commercial kitchen and a diverse menu including all-day breakfast and lunch
*Large seating capacity (in: 56 | out: 20)
*Currently trading 6 days per week
With a motivated owner and a fresh marketing approach, this business could not only maintain its current success but also further capitalise on its untapped potential. Take this business to the next level – priced at only $339,000!
For more information, call Nathan or Gerry today.
Listing ID: ME03215
Broker: Nathan Hulls
Phone: 0458 092 721
Email: [email protected]
Broker: Gerry Morelli
Phone: 0417 353 120
Email: [email protected]
Keywords: Cafe, Coffee, CBD, Brunch, Breakfast, Lunch,
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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