Business For Sale Kew, Victoria 3101
Business Category Cafe and Coffee Shop
$250,000
Description
Fully Managed Thriving Cafe! Prime Location
This cafe, located in a high-traffic area, is a profitable business with 80 seats and sells 30kg of coffee weekly. It has a long lease until 2041, providing stability.
This cafe on a busy main road offers a well-established and profitable opportunity in the food and hospitality sector. Operating seven days a week, it serves a loyal customer base and benefits from a prime location opposite cinemas and surrounded by apartments.
With seating for up to 80 patrons, it provides a vibrant and welcoming atmosphere. The business is fully equipped with a commercial kitchen, walk-in cool room and freezer, ensuring efficient operations.
Deriving $900,000 in annual revenue and a net profit of $181,000, the cafe is supported by a skilled team of 2 full-time and six part-time staff members. It sells approximately 30 kilograms of coffee weekly and maintains a gross profit of $630,000.
The cafe has a long, secure lease and reasonable rent, providing stability for the new owner. Its streamlined operation makes it ideal for an owner-operator or investor, with huge potential to introduce a wine bar in the evenings or extend trading hours.
*$900,000 annual takings
*30kg coffee sold weekly
*Prime main road location
*Lease until 2041
*$630,000 gross profit
*Under Management
Listing ID: ME03110
Broker: Sanjay Agrawal
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03110
Timestamp: XXXXXXXXXX 0006
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