Iconic Cafe / Coffee Shop

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MS 8189, Essendon, Victoria 3040

$575,000 + Stock

Key Features

AI generated. Contact seller to confirm.

Busiest cafe in the strip with regular, loyal customers
Excellent setup and fit-out across a 300 sqm premises
Seating for 80 indoors and 40 outdoors
Fully licensed premises with potential for evening trade
Business operated primarily by staff
Surrounded by new apartment living

Turnover: $33,000 average weekly
Rent/Lease: 20-year lease remaining; rental $3,053 weekly + outgoings
Established: 10 years by current vendor

Business Details

Business Category Cafe Restaurant

Iconic Cafe / Coffee Shop
Location - Location - Location
Current takings $33,000 average weekly
By far the busiest cafe in the strip
Proximity to Essendon, busy vibrant retail strip
Regular / loyal customer base
Trades 7 days, (Mon-Fri 7.30-5.00, Sat-Sun 8-5)
Excellent setup / fit out, no expense spared
Secure 20-year lease remaining
Rental $3,053 weekly + outgoings
Large area of 300 sqm
Seating 80 in / 40 out
Fully licensed premises
Coffee sales 30 kilos weekly
Opportunity for evening trade
Surrounded by new apartment living
Business operated primarily by staff
Established 10 years by current vendor
Room for further improvement if operated by owner operators
Ideally suited to large family or partnership
Much sought after business model
Highly profitable business operation
Due Diligence on offer (if required)
Initial meeting with clients to be held at BPA Business Brokers
Only experienced operators will be considered
Asking price $575,000 + Stock
Call Mino on XXXXXXXXXX for further details

This business is exclusively listed with BPA Business Brokers
Our Ref: 8189