On offer is a well-established cafe in Melbourne's inner-city suburbs that has developed a solid local following owing to its excellent menu of all-day brunch offerings. It has been operating under its current ownership since 2023 and has grown substantially, exhibited by its solid financial performance. As such, it presents a hard-to-miss acquisition opportunity for purchasers seeking entry or expansion into Melbourne's lucrative hospitality industry.
*Taking $1,040,000 PA
*Sells 40 kg of Coffee PW
*GP at 70%
*Up to 13 years lease
*P&E valued at $150,000
*Simple operation; short hours
John Zhang and the team at LINK (Melbourne) are excited to present a highly profitable cafe to the market.
The business is a popular local operation attracting a diverse demographic, offering all-day breakfast options with items suited for various dietary requirements. It also sells 40 kg of coffee per week, which contributes significantly to its lucrative weekly takings.
Moreover, it is positioned along a main road in a vibrant suburb, only 20 minutes south of Melbourne CBD. It occupies well-appointed premises with ample seating and a commercial kitchen and is fitted with all the assets necessary to continue running the business at its current level. The premises also have a 2-bedroom dwelling, presenting additional rental income opportunities.
Ultimately, the business is simple to operate and can be run by a small team or a family operation. While it operates seven days per week, it closes at 2:30 or 3:00 pm daily, allowing for excellent lifestyle flexibility for a hands-on owner.
To learn more about this outstanding business, contact John today!
Listing ID: ME02904
Broker: John Zhang
Phone: 0419 366 236
Email: john.zhang@linkbusiness.com.au
Ref: ME02904
Timestamp: 20240725030004
