This business is a well-loved local cafe that has become an institution owing to its longevity in the industry. It has built a solid reputation since its inception in 2006 and has continued to grow since its acquisition in 2016. It is simple to operate owing to its straightforward menu, making it a go-to for many locals. It is an ideal investment for a family operation seeking a profitable business that offers the coveted lifestyle flexibility.*Taking $5,000 PW*Immaculately fitted Premises*20 seats (inside and out)*$190 PW rent*Cheap COGS at 28%*Industrial area with lots of factors and workshops Ken Bouchebli and the team at LINK Melbourne are excited to present a longstanding cafe to the market. It is a popular business that attracts a loyal customer base, largely due to its simple and affordable breakfast, lunch, pies and coffee options. It occupies a highly visible site in a predominantly industrial area with little to no other hospitality establishments. Its premises are immaculately fitted with well-maintained and good-working plant and equipment. No additional capital outlay is necessary post-settlement, and the incoming owners could drive revenue immediately after the sale.Owing to its straightforward processes, it does not require a large team size, making it perfect for new owner-operators or a family operation. It also operates only five days per week, making it attractive to purchasers seeking lifestyle flexibility. This business presents tremendous potential for further growth. Fresh ideas from a new and energetic owner is a plus! To learn more about this exciting acquisition opportunity, give Ken a call today!Listing ID: 16936Broker: Ken BouchebliPhone: +61 3 9819 4211 / +61 406 966 455Email: ken.bouchebli@linkbusiness.com.au
Ref: ME02394
Timestamp: 20240312083616