Price
$159,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02234
This popular local café occupies a high-exposure location on the corner of a main road. It has a very long lease with cheap weekly rent, enabling it to maximise its location. The building is aesthetically pleasing with a modern fit out, sure to impress even the fussiest of buyers. Popular for it’s quality coffee and impressive modern breakfast and lunch meals, peak periods are on the weekends.
The location experiences high foot and vehicle traffic as it located on a main road amongst commercial business and residential area. Population is growing due to high rise property developments across the road.
*Taking $13,000 per week
*Open 6 days per week, 7am-3pm
* Sells between 25-30 kgs per week
*Run semi -under management
*Very affordable rent at $639 per week with long lease
*Seats 20 inside and 26 outside
* History has demonstrated consistent success with outstanding google reviews
Nouha Mohtadi and the team at LINK Melbourne are excited to bring to the market this beloved café by locals and visitors alike. It occupies an attractive corner location with ample car parking to enable accessibility from vehicular traffic.
The business is situated on the corner of a main road, enabling accessibility and exposure to high rates of passing traffic daily. It is very busy on weekends with revenue from Saturday and Sunday alone reaching $6,000 per week.
All equipment is owned, and in excellent condition, The premises can seat up to 46 customers (20 inside and 26 outside).
Operating the business are two full-time staff members and three part-timers. It is semi-under management, owner works weekends only
To learn more about this opportunity, contact me today! I’m excited to share more details about this business and introduce you to the vendors.
Broker: Nouha Mohtadi
Phone: +61 3 9819 4211 / +61 411 755 568
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.
