Price
$199,000 + SAV
Profit *
$182,000
Sales Revenue
$750,000
Location
Port Philip, St Kilda
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03420
Here’s a rare chance to acquire a thriving café in one of Melbourne's most sought-after bayside precincts. Trading six days a week, this immaculate 120 sqm venue seats up to 50 guests across indoor and outdoor areas, complemented by a near-new fitout, pristine commercial kitchen, walk-in coolroom and a fully equipped espresso bar — all in excellent condition!
The business holds a liquor licence, serves 22kg of coffee weekly, and benefits from a secure 2+4+4 lease expiring 2035. The current owner-chef is willing to remain on board until March 2027, ensuring a seamless transition.
With no social media presence yet established, there is immediate upside for a purchaser willing to invest in digital marketing. Opening on the currently closed day alone presents a further direct boost to revenue.
*$750,000 in annual turnover; $16,000 per week
*$182,000 net profit per annum; $3,500 per week
*Rent $4,420 per month
*Lease 2+4+4 years (Expires 2035
*120 sqm premises; can seat 50+ guests
*Licensed
*Near-new fitout
*Pristine commercial kitchen and walk-in coolroom
*Trial period available
Contact Gerry or Nick today to take over this exciting café opportunity!
Listing ID: ME03420
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]
Broker: Gerry Morelli
Phone: 0417 353 120
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
