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Refer to Broker
$624,000
Business Broker
Melbourne
This popular local café has been operating since 2015, offering delicious coffee and excellent customer service. It is located in a busy area with high rates of passing traffic daily.
* $12,000 in weekly takings
* 64 Total Seats
* $200,000 worth of plant and equipment
* 7-year lease commenced in 2021
* 30 kg of coffee sold per week
Nick Kolaitis and the team at LINK Melbourne are excited to bring to the market this longstanding and popular café. It can seat up to 64 customers indoors, outdoors and in its courtyard. The business also offers takeaway and delivers through third-party partners UberEATS and DoorDash.
Customers have rated the business highly on Google (4.4 out of 5) and Facebook (4.6 out of 5) to increase its exposure to potential customers looking for coffee and food options in the area. Strategically positioned, the business also enjoys great exposure due to its proximity to major amenities within its immediate vicinity.
The business has been recently improved and renovated in 2021, featuring a fresh new design. It also has all the plant and equipment needed to support operations. As such, purchasers are not expected to make any additional capital expenditures upon acquiring the business.
Operating the business is one owner and six casual staff members. A similar setup may be maintained by the purchaser. Notwithstanding this, the purchaser may also place the business under management to enjoy lifestyle flexibility.
Learn more about this exciting opportunity! Contact me today to learn more about the business and potentially meet the vendor.
Listing ID: ME02226
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@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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