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Refer to Broker
$1,664,000
Currently on offer is a popular café in a north-eastern Melbourne suburb. It takes approximately $40,000 per week, operating all seven days with short operating hours. The business is an ideal opportunity for purchasers looking for a well-established business.
*$32,000 average weekly takings
*55 kg of coffee + 15 kg of chocolate sold per week
*4+4+4+4-year lease agreement
The team at LINK Melbourne are thrilled to bring to the market this popular café situated in a north-eastern Melbourne suburb. It is a modern café, bar and beer garden that doubles as a function venue. Its broad food and beverage offerings enable it to diversify its revenue stream.
The business has very high ratings on Google, Facebook and TripAdvisor. As such, it is able to generate leads with potential customers who have yet to discover it. The business is very appealing to those desirous of great breakfast food, burgers and Mediterranean food to be enjoyed in a light-filled space.
Strategically positioned, the business has secured its location with a long-term lease. Its premises comprise a beautifully designed café with seating for up to 120 customers at full capacity. It has an outdoor, fully covered courtyard with a full retractable roof.
Operating the business are four full-time staff members and 16 part-timers fully under management. Potential new owners may benefit from lifestyle flexibility by being passive in operations. Purchasers also have the option to be fully involved in operations to potentially further grow the business.
To learn more about this exciting opportunity, contact me today! I would be thrilled to provide more details to qualified purchasers.
Listing ID: ME02703
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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