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Refer to Broker
$684,000
A highly sought-after cafe along a frequently trafficked area is available for acquisition. Having been established recently, the business runs semi-under management and sells about 16 to 18 kg of coffee per week. With its spacious premise and long-term lease, incoming owners can make it a potentially profitable business venture in the eastern suburbs of Melbourne.
*150 sqm premises
*29 parking spaces
*65 indoor and outdoor seating
*All owned P&E in excellent condition
*Secured lease terms of 10+5 years
*Easy to operate
Nick Kolaitis, Gerry Morelli and the team at LINK Melbourne are excited to present a newly opened cafe with amazing potential in the eastern suburbs of Melbourne.
This cafe presents an opportunity for a new owner to take over and bring it to the next level. Occupying a spacious 150 sqm premise and with 29 parking spaces, the cafe’s location in a high-traffic area ensures consistent customer exposure and high revenue potential.
Its seating for up to 65 customers, equipment in excellent working condition and an excellent menu of food and beverages have made it popular since its opening last December 2023.
The cafe is semi-managed by a team of full-time, part-time and casuals, as well as one part-time working owner. With wages at about $17,333 per month, the business operates with a manageable and lean team while upholding excellent customer service.
With an impressive 4.8 out of 5 Google ratings and many opportunities for expansion through introducing catering services, extending its operating hours and hosting functions, the cafe is perfectly positioned for success under new ownership.
Get to know more about this business! Give Nick a call today.
Listing ID: ME03083
Brokers: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
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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