On offer is a highly profitable destination café in Northern Melbourne, known for its visually pleasing and mouth-watering brunch offerings, where every dish is a work of art! Its quintessential premises is immaculately fitted, attracting locals and tourists, evident in its impressive social media presence. With a strong team in place and its stellar reputation, this business presents immense potential for further growth, making it the perfect investment for purchasers with a passion for hospitality.
The owner is keen to sell and will entertain all reasonable offers.
This is a superb opportunity to acquire a great cash flow Business offering security, profits, and a tremendous concept.
*Taking $37,000 PW
*Sells 35-40 kg coffee PW
*380 sqm premises
*20 years lease
*180 seating capacity
*P&E worth $500,000
*38,000 IG followers
Nouha Mohtadi and the team at LINK Melbourne are excited to introduce a trendy café to the market.
Situated by the entrance of a historic site, this business attracts locals and tourists and derives substantial weekly revenue of $37,000 or $11,000 on weekends alone. Coffee sales contribute significantly, with the potential to boost revenue through Uber deliveries.
The premises is a must-see, featuring a glass garden courtyard renowned for its modern, vibrant design. Its seating capacity of up to 150 guests inside and 30 in the courtyard presents an excellent opportunity to host functions and derive additional income through venue hire.
Equipped with a full commercial kitchen and all necessary assets, this business is ready for operations from day one.
The business is supported by a team of 15 skilled casual staff who can efficiently run the operations with minimal supervision. It is also under management, enabling the Vendor to work only 10 hours weekly, offering a unique opportunity for Purchasers to enjoy the same lifestyle flexibility.
Given its stellar reputation, prime location, and a solid team in place, this business is set up to drive revenue immediately after the sale a rare offer for purchasers seeking a turnkey and profitable business with an incredibly loyal customer base.
Listing ID: 17064
Broker: Nouha Mohtadi
Phone: +61 3 9819 4211 / +61 411 755 568
*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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