BUSINESS HIGHLIGHTS:
Average weekly sales $14,000
Open 7 days Mon - Fri: 6:30am - 3pm & Sat/Sun: 7am - 3pm
53kg of coffee a week
Run under management with excellent team in place
Low overheads keeping profit levels strong
Takeaway focused menu - panini's, juices, smoothies & coffee
New long lease on offer, or the opportunity to buy the freehold is also available
Excellent location within busy shopping strip
Simple business model with minimal staff required
Good sized shop with prep kitchen, storage & office space
Systems and procedures in place and full training provided
Coe & Coe Café Cremorne is also for sale - please see link: https://www.justbusinessbrokers.com/listing/coecoe-cremorne/
PRICE RANGE $230,000 - $250,000 + Stock
Nestled in the vibrant heart of Yarraville, Coe & Coe Cafe offers an exceptional opportunity for one lucky buyer. Whether you're looking to expand your business portfolio or embark on a new venture, Coe & Coe Yarraville presents an unmissable chance to step into a thriving, turnkey business with endless potential. Known for its warm atmosphere, impeccable service, and delicious grab & go menu, this beloved local gem has built a loyal customer base and a stellar reputation within the community. From expertly crafted specialty coffee going through over 53kg of beans a week, to mouth-watering paninis, salads, smoothies and juices, Coe & Coe stands out as a cornerstone of Yarraville's bustling café scene.
The café is location on Wembley Avenue within a busy shopping strip, drawing in a diverse crowd of locals and visitors. The area is rapidly growing with the school directly across the road from the cafe currently under renovation and extension plus loads of new residential developments close by. The café has a large catchment of loyal locals due to its prime location within this popular residential pocket of Yarraville with optimal demographics.
The fitout at Coe & Coe Yarraville not only provides a beautiful and functional space for customers but also reflects the brand's commitment to quality and style. This well-designed environment is a key factor in the cafe's popularity and success. The cafe boasts a contemporary interior with clean lines, open spaces, and a welcoming ambiance. The open-plan layout maximizes the use of space, creating a bright and airy atmosphere filled with natural light.
There is a new long lease on offer for the cafe based on a starting rental of $40,000+GST. However, there is also an exciting opportunity to purchase the freehold. This double story building provides a great additional income stream thanks to the 3-bedroom apartment above the cafe which is currently let out on Airbnb - https://www.airbnb.com/slink/cxZNLCHi. This accommodation space has only been running for 11 months and has already provided the vendors with an extra $60k of income. This Airbnb business is fully automated for cleaning and check in and requires very minimal communications with guests. A buyer may choose to purchase the freehold and continue this Airbnb set up, or they may like to live in the apartment instead whilst they run the cafe. The choice is totally yours!
Take advantage of this rare opportunity to own a beautifully designed, well-located cafe in one of Melbourne's most sought-after suburbs. Coe & Coe Yarraville is not just a cafe; it's a destination. For more details and to arrange a viewing, contact Karli today on 0409 965 540.
