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Refer to Broker
$2,184,000
Business Broker
Melbourne
An icon in the area!
This large, 260sqm cafe is located n the corner of a busy main road shopping strip in the heart of Melbourne's North East. The beautiful premises has been set up to perfection with no expense spared including a full commercial kitchen, walk in coolroom, espresso bar, coffee window opening on to the street, large windows bringing in loads of natural light, and seating for 100 inside and 80 outside.
The business is extremely popular among locals and sees majority returning on a regular basis and has quickly become the go to destination in the area for quality coffee and meals.
Key features:
*Wages $13,000 per week
*Taking $2,184,000 per year
*Sells a whopping 70kgs of coffee per week
*Open 7 days per week, 7am-3pm
*Reasonable rent at $2,961
*Long 20 year lease in place
*Excellent fit out
*Licensed
For more information please contact Simon Sheridan from LINK on the below:
Phone: 0400 858 900
Email: simon.sheridan@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.
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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