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Refer to Broker
This is an AMAZING opportunity to acquire one of Melbourne’s most iconic cafes!
Perfectly positioned along the beautiful Yarra River, this well known cafe is surrounded by residential apartments, corporate offices, key retail outlets, and public transport options at it’s door. The business is the go to destination in the area for locals, office workers, and is extremely popular with those walking and riding along the Yarra. The trendy inner city suburb of Abbotsford is a highly sought after mix of industrial architecture and green spaces, desired by both families and young creative professionals with converted factories, modern cafes, and cool bars lining the streets. At only 2kms from the CBD you really couldn’t ask for a better location.
The stunning 250sqm premises has been fit out to perfection with the $1,100,000 set up winning gold in the Melbourne Design Awards. Floor to ceiling glass windows provide endless sunlight and an open, welcoming ambiance. The business is a chef’s dream with 2 full commercial kitchens, a walk in coolroom, and seating for 130 in and out.
Key features include:
*Taking $16,000
*Sells 40kgs of coffee per week
*Affordable $1,856 rent per week
*Open 7 days per week
*Huge potential to increase takings, endless opportunities
*Secure long lease
*Prime location
*Licensed
*Run semi under management
For more information please contact Ross Morelli from LINK, formerly Klemms on the below:
Phone: 0417 112 911
Email: ross.morelli@linkbusiness.com.au
#wesellbusinesses #buyajob
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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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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