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Refer to Broker
$624,000
Currently on offer is a thriving cafe, renowned for its exceptional coffee, pastries and sandwiches. It is an excellent business opportunity, a highly profitable coffee shop with a simple and easy-to-manage menu, coupled with promising growth potential.
*Taking $12,000 PW
*Strategic Location
*Sells 25 kg of coffee pw
*Low overhead cost
*80 sqm
*7-day operation
*4.9/5 Google Rating
John Zhang, James Wang and the team at LINK Melbourne are excited to bring an excellent coffee lounge business to the market.
This established cafe has been a local favourite specialising in great coffee, delectable pastries and sandwiches. This business is a turnkey opportunity for driven new owners seeking to enter the lucrative hospitality industry. With a strong 4.9 Google rating from 191 reviews, it attests to the cafe's solid reputation for prioritising quality of food and service.
Situated in a prime locale, this cafe benefits from a strategic placement in close proximity to schools and hospitals, guaranteeing a consistent stream of foot traffic. The 80 sqm premises of the business showcase a meticulously designed interior, drawing patrons in to savour the inviting ambience.
This business comes with a valuable set of assets, including a free-of-charge coffee machine that has been a cornerstone of its success. The simplicity of its menu and operations makes for a streamlined business model, ensuring ease of management for the new owner.
Beyond its current success, this cafe offers ample growth potential. With a long lease term, there's long-term security for the new owner. Opportunities for expanding the menu, exploring catering options or enhancing the retail coffee segment present exciting avenues for diversification and increased revenue.
To learn more about this business, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: ME02734
Broker: John Zhang
Phone: 0419 366 236
Email: john.zhang@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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