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Currently on offer is an iconic cafe boasting a stellar reputation for its quality service and high-grade taste. It is a fully managed eatery strategically located on a busy road amidst a residential hub and near prominent schools, ensuring a steady flow of patrons.
*Taking $9,000 PW
*Sells 12-15 kg coffee PW
*2 FT | 1 PT | 2 casual
*65 (inside: 45 | outside: 20)
*P&E worth $180,000
*120 sqm
Nick Kolaitis and the team at LINK Melbourne are excited to bring an iconic coffee shop to the market! This fully managed eatery has been serving the community since 2013 boasting a reputation for exceptional service and high-quality taste. The coffee shop enjoys a prime location with 31 apartments above, a neighbouring gym and close proximity to prestigious schools. The area is a vibrant community hub with minimal competition, making it an ideal spot for those seeking a lucrative business venture.
The 120 sqm premises, recently renovated, showcase a double-fronted shop with a huge street appeal, providing ample outdoor seating and a welcoming atmosphere for patrons. Furthermore, this business comes fully equipped with plant & equipment valued at $180,000. It features a new commercial kitchen, large display fridges and stylish, comfortable furniture.
The potential for growth is immense. With its solid foundation and loyal customer base, this business is suitable for an owner-operator or a family-run operation. There is an opportunity to explore catering services, extend operating hours and host functions. The business has a strong local following, and with its recently renovated open-plan design, it provides an excellent canvas for various business strategies to further enhance its presence.
To learn more about this business, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: 17272
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@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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