LINK Business Brokers Australia

About this Business for sale in Melbourne

Located in the beachside suburb of Elwood, this architecturally designed, award winning cafe has a huge local following and has quickly become the go to destination for locals, known for their top quality coffee and innovative meals. Positioned on a busy main road shopping strip only minutes from the beach, the 240sqm premises holds excellent street exposure and is strategically located among all the hustle and bustle. The business sees large rates of passing traffic daily, with takings actually increasing during the summer months as a direct result of a large influx of tourists and beachgoers in the area.

The beautifully fitted site has been extensively equipped, costing in excess of $700,000 and includes a full commercial kitchen, walk in coolroom, a storage cage, a bar, seating for 70 inside and 40 outside, plus much much more.

Key features include:

*Taking $52,000 per week
*Huge coffee sales at 55kgs per week
*Open 7 days per week, 7am-4pm
*Run fully under management
*15 Year lease
*Corner location on a main road shopping strip
*Lots of potential

For more information please contact Gerry Morelli from LINK on the below:
Phone: 0417 353 120
Email: gerry.morelli@linkbusiness.com.au

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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.

Listing: #ME02052
Price: $888,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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You may also be interested in...

Reputable Cafe Franchise in the Booming Northern Suburbs $239,000 (16658)

Melbourne
$239,000
Food/Hospitality

High Profit Regional Cafe Gem $149,000 (16649)

Melbourne
$149,000
Food/Hospitality

Extremely Well Equipped Cafe, Restaurant and Bar in the Heart of South Yarra $95,000 (16648)

South Yarra
$95,000
Food/Hospitality