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Refer to Broker
$780,000
Currently on offer is a well-designed and award-winning café that has been operating since 2020. It occupies 110 sqm premises with seating for 45 customers at full capacity.
*$15,000 average weekly takings
*5.5+5-year lease
*$450,000 worth of plant and equipment
Jeremy Gao and the team at LINK Melbourne are excited to bring to the market this thriving café in an inner-city suburb. It has been operating only since 2020 but has been through a fast start, satisfying its customers with great coffee, delicious food and excellent service.
Operating the business are two full-timers, two part-timers and four casuals. It is run fully under management with no involvement needed from an owner-operator. Notwithstanding this, purchasers desirous of being involved in operations have an opportunity to assume the role of a staff member or focus solely on growing the business.
The business is ideally located in a high-exposure shopping strip near one of Melbourne’s major universities. As such, it is constantly exposed to high rates of passing traffic daily.
Purchasers desirous of further growing the business may add third-party delivery options, such as UberEATS, to potentially increase takings. They may also extend trading hours to capitalise on the business’s excellent location.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: 17131
Broker: Jeremy Gao
Phone: 0452 606 199
Email: jeremy.gao@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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