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Food, Beverage & Hospitality business for sale in Melbourne

  • Food, Beverage & Hospitality
  • Melbourne VIC 3000
  • $300,000 - $350,000 (GST na)

Iconic Corner Cafe - Melbourne CBD

Situated in a coveted corner position in the heart of Melbourne's bustling CBD, this outstanding business presents a rare opportunity to acquire a thriving coffee and takeaway-focused cafe in one of the city's most iconic locations. At just 70 square metres, this cafe really makes the most of its compact space. With an unbeatable ground-floor location and wrap-around floor-to-ceiling windows, the cafe is showcased beautifully at the junction of one of Melbourne's busiest intersections, benefiting from high foot traffic and excellent street visibility.

BUSINESS HIGHLIGHTS:
- Annual turnover $1,100,000+
- Adjusted net profit $180,000 pa
- Coffee & takeaway focused with minimal staffing required
- 55kg coffee a week on average (including 10kg of retail sales)
- Excellent long lease in place until 2032
- Rent is $8,837.61 a month
- Located in one of the best corner CBD positions with a huge amount of daily foot traffic
- Surrounded by a great mix of corporate & retail tenants & large tourist area
- Run under full management with excellent team in place
- Open 7 days weekdays 6.30am - 3.30pm & weekends 7am - 2pm
- A strong performing cafe still with still plenty of upside
- Modern fit out with all equipment in excellent condition

Price $300,000 - $350,000 + Stock

With annual sales in excess of $1.1 million and an adjusted net profit of $180,000 pa, this cafe presents as a solid investment opportunity. Run under full management by an excellent team, the cafe operates seamlessly without the need for hands-on ownership. Specialising in quality coffee and a short food menu, keeping costs low by requiring minimal staff to service the menu, making wages significantly lower compared to traditional a la carte cafes.

The sleek, modern fitout perfectly complements its compact interior, with seating for up to 10 customers in a cosy modern and welcoming space. This minimalist setup has been carefully designed to cater to Melbourne's busy professionals, tourists, and locals who appreciate high quality coffee and delicious quick to prepare foods and on the go.

This cafe is truly a lifestyle business, ideal for an investor or owner-operator looking to enter Melbourne's popular coffee scene without the complexities of a large-scale operation. Don't miss out on this rare chance to own a profitable, easy-to-run cafe in one of the best corner locations in the CBD! Call Marc on 0412 359 907.

Just Business Brokers Melbourne
Just Business Brokers Melbourne
281 Lygon Street
Brunswick East, VIC 3057
Marc Di Genova
Marc Di Genova
0412 359 907

Business Highlights

Business ID2019576552
Floor AreaAsk Business Broker
Category
Last updated  21 Oct 2024
Map for Melbourne VIC 3000
Map for Melbourne VIC 3000Melbourne VIC 3000
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Just Business Brokers Melbourne
Just Business Brokers Melbourne
281 Lygon Street
Brunswick East, VIC 3057
Marc Di Genova
Marc Di Genova
0412 359 907

Business Highlights

Business ID2019576552
Floor AreaAsk Business Broker
Category
Last updated  21 Oct 2024

Listed by

Marc Di Genova
Marc Di Genova
Just Business Brokers Melbourne
Call
0412 359 907

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