Price
$249,000
Profit *
Refer to Broker
Sales Revenue
$1,040,000
Location
Victoria, Croydon
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03350
This is an exciting opportunity to acquire a very well-known café in a prominent position within a busy shopping strip in Melbourne's eastern suburbs. Operating successfully for over 13 years, this established business has built a strong reputation and loyal customer base.
The business has an impressive open plan layout with extensive seating for 100 patrons (mix of indoor and courtyard seating). The premises feature a full commercial kitchen and a folding open front facade that creates an inviting atmosphere.
The semi-managed structure has the owner working 5 days per week (Wednesday and Sunday off) with support from 4 full-time and 2 part-time staff members. Operating 7 days, this turnkey business offers significant potential for a new operator to implement fresh ideas.
*Annual turnover of $1,015,000
*Sells 40 kg of coffee per week
*100-seater capacity (50 inside, 50 outside)
*Prime shopping strip location in eastern Melbourne
*Daytime liquor licence
*3+3+3 year lease at $6,800 per month
*Semi-managed
*Established for 13+ years with a strong local reputation
Ideal for an experienced operator ready to take on an established high-turnover cafe in a premium location. Contact Gerry today to secure this opportunity!
Listing ID: ME03350
Broker: Gerry Morelli
Phone: 0417 353 120
Email: [email protected]
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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*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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