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$234,000
$16,000
Currently on offer is an esteemed cafe with a trendy double-frontage design, ample seating for 70 guests, and a fully-equipped commercial kitchen. With high coffee sales and a strategic location, it’s an ideal venture for a new owner to step in and continue the cafe’s tradition of excellence while taking it to new heights.
*Taking $16,000 Per Week
*Long lease term
*150 sqm
*70 seating capacity
*7-day operations
*P&E worth $350,000
Jeremy Gao and the team at LINK Melbourne are excited to bring to the market a profitable cafe. This well-established venture has all the elements for success, making it an attractive prospect for aspiring and experienced cafe owners alike. Its reputation, trendy design and strategic location set the stage for success.
It simplifies the often challenging task of establishing a new cafe from scratch, as it already enjoys a loyal customer base and a well-recognised brand in the local community. The current setup, including the fully-equipped commercial kitchen and ample seating, eliminates the need for extensive renovations or equipment investments, further streamlining the entry process for newcomers.
The cafe has maintained a remarkable average weekly turnover of $16,000, primarily driven by a weekly coffee consumption of 30 kg. It operates seven days a week as a bustling oasis for coffee lovers. The business also offers a long-term lease agreement with a renewable 4-year option at an affordable rental rate of just $735 per week, providing a solid foundation for profitability.
For a new owner, the business presents exciting growth opportunities. The liquor license enables evening trade, opening the doors to a whole new revenue stream. Additionally, there’s significant untapped potential in introducing delivery services. Adding this service could expand the customer base and revenue even further with the growing demand for food delivery.
To learn more about this business, contact me today.
Listing ID: 17247
Broker: Jeremy Gao
Phone: 0452 606 199
Email: jeremy.gao@linkbusiness.com.au
*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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