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Refer to Broker
$1,508,000
Currently on offer is a beautifully set up café and bar that is well known as one of the Eastern suburbs' finest coffee shops. It has a near-new fit out.
*$29,000 average weekly takings
*190 seating capacity
*5+3-year lease
*30kg of coffee sold per week
Nick Kolaitis, Kristy Kolaitis and the team at LINK Melbourne are thrilled to bring to the market this thriving café and bar. The business has been a staple of its main road location for more than 20 years. It has been a part of the road's colourful and eclectic experience being the busiest café on the strip.
The business serves coffee, brunch and hearty pre-made take-home meals. It also serves a wide range of alcoholic beverages, including its popular sangria. Customers may also book the business's upstairs function room to host special occasions.
Operating the business is one full-time working owner-operator. He is assisted by 10 casuals and four full-time staff members. The premises can fit up to 190 people at full capacity through 170 indoor seats and 20 outdoor seating arrangements.
Plant and equipment owned by the business are almost brand-new. The premises has been renovated 2.5 years ago. It features high-quality finishes, two commercial kitchens and the aforementioned function room.
To learn more about this exciting opportunity, contact us today! We would be glad to supply more information to qualified purchasers.
Listing ID: ME02441
Broker: 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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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