UNDER OFFER Established Cafe in Prime Location Taking $33K pw

Available for acquisition is a well-acclaimed cafe and restaurant in a high-traffic, high-exposure area. The business has been operating for over 20 years and offers a wide range of beverages, including an impressive cocktail list complemented by an Italian-inspired menu. It presents an incredible opportunity to enter a lucrative market with an established dining icon in a sought-after location.

*20+ years of operational history
*$1,705,000 takings PA
*6 day operation
*50 kg of coffee sold PW
*129 sqm premises
*P&E valued at $35,000 

Simon Sheridan and the team at LINK Melbourne are delighted to present a renowned bar, restaurant and cafe in Melbourne’s Inner-city suburbs to the market. 

The business has been operating for over 20 years in a vibrant retail district as a well-favoured drinking and dining destination. It offers coffee, cocktails and an outstanding pasta selection in a casual atmosphere. It benefits from a steady influx of potential customers generated by surrounding commercial establishments. 

It has maintained a sustainable financial position, selling 50 kg of coffee weekly, generating $1,705,000 last year.

The business's 129 sqm premises offer ample space for patrons, further enhanced by more seats in a designated on-street area.  Moreover, the sale includes assets estimated at $35,000 comprising essential plant and equipment necessary for the business's uninterrupted operations post-acquisition.

Daily operation is overseen by two full-time owner-operators, assisted by four personable casuals who execute kitchen, bar and front-of-the-house duties. It presents a rare opportunity to acquire a longstanding business in a high-profile location.

To take advantage of this exciting business acquisition offer, call Simon today!

Listing ID: ME02969
Broker: Simon Sheridan
Phone: 0400 858 900
Email: simon.sheridan@linkbusiness.com.au