Cafe, Deli, Bakery - Premium Business & Freehold Opportunity

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Melbourne, Victoria 3000

$3,730,000

Key Features

AI generated. Contact seller to confirm.

Long-standing family business over 69 years
Prime inner-northern location under 10 km from CBD
700m² shop with 24m frontage on 879m² site
On-site parking and prominent street presence
58 kg of coffee sold weekly
Option to purchase freehold property or business only

Turnover: $66,789 per week
Net Profit: Not disclosed
Rent/Lease: $115,000 per annum (21-year lease)
Stock Value: Not disclosed
Established: Family-owned for over 69 years

Business Details

Business Category

Business & Property or Business Only or Property Only

An exceptional opportunity to acquire a thriving, long-standing and highly profitable cafe, deli and bakery with the option to also secure the freehold. Taking over $66,789 per week in net sales, operating short hours, and serving 58kg of coffee weekly, this business offers strong performance and lasting stability.

HIGHLIGHTS:

*Solid and reputable business, family-owned for over 69 years
*Prime Inner-Northern suburb, less than 10km from Melbourne CBD
*Fully equipped commercial kitchen with quality fit-out
*Impressive 700m² shop with 24m frontage on an 879m² site with on-site parking
*Exceptional potential to increase turnover with fresh, new operators
*Strong 55% gross margin, high profits, and consistent proven turnover
*A rare opportunity to secure both a tremendous cashflow business and a prominent freehold property

OPTIONS & PRICING:

- Business & Property: $3.73 million
- Business Only: $1.18 million
- Property Only: $2.55 million (returning $115k per annum with a 21-year lease)

ENQUIRE TODAY

Tony Latessa
Phone: XXXXXXXXXX
Email: XXXXXXXXXX

Jamal Dabab
Phone: XXXXXXXXXX
Email: XXXXXXXXXX

Listing: ME03375
Ref: ME03375
Timestamp: XXXXXXXXXX 0003