Price
$198,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Bayside - Melbourne, Sandringham
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03136
Available for acquisition is a local favourite café. The business is strategically located along a busy main road shopping strip near bus stops and retail stores, ensuring consistent foot traffic to the business. The busy area and seven-day operations make it ideal for purchasers seeking a start in the food business.
*$104,000 in Net Profit (FY 2024)
*Secured and affordable long-term lease
*Unique culinary cuisine offering
*Up-to-date and well-maintained fit-out
*Multiple opportunities for expansion
Presented to the market is a locally famous and highly rated café that offers a variety of Southeast cuisine. The business is in an affluent and high-traffic location along a busy shopping centre near key transportation services, ensuring a steady stream of customers. The location is consistently busy, especially in the summer season when residents and tourists flock to the area.
The business is currently situated in a 120 sqm space that can accommodate 35 indoor and 16 outdoor. The business is currently under a 10-year lease agreement, securing its long-term positional stability. The café also comes with a fit-out valued at over $450,000, which includes a full commercial kitchen.
The business has significant growth opportunities to potentially increase revenue. New owners may expand the hours of operation to accommodate dinners or set up an online sales channel via Uber or Menulog.
Contact Andre today and start your own successful business!
Listing ID: ME03136
Broker: Andre Pudebat
Phone: 0489 195 651
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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