Business For Sale Mitcham, Victoria 3132
Business Category Cafe and Coffee Shop Takeaway Food
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Description
Profitable Cafe Business For Sale Near Public Transport Hub
This neat, well-presented cafe is ideally situated in front of a high-traffic train station, car park, and a large residential complex. The ground floor location under a 186-apartment block and proximity to other residential and commercial premises, churches, and a school ensure a steady flow of customers. The cafe is perfectly positioned for owner-operators looking to expand into catering, Uber, and Menulog services, or extend trading hours to cater to the upstairs residents.
Currently, the cafe records impressive weekly takings of $9,000+. With a simple and efficient operational model that requires only a small team, it is an excellent opportunity for both newcomers to the industry and seasoned operators. Indoor seating accommodates up to 30 patrons, while outdoor seating comfortably hosts 30+.
The leasehold terms are favourable with 3.5 + 5 + 5 years remaining. All property and equipment are in excellent working condition, this is a turn key sale. The cafe boasts an established customer base with over 3,100 transactions recorded per month, indicating strong and consistent patronage.
To facilitate a smooth transition for the new owner, an experienced and reliable team is in place, along with documented recipes and menu support. An operational manual has been developed, and the business model ensures ongoing viability. With trading information available for every hour of every day, the new owner can easily adjust trading hours to suit personal preferences.
Financially, the cafe takes $468,000 per annum, with rent at $3,740 per month, inclusive of GST. The current owners, who were accountants by trade with no hospitality experience when they started 9 years ago, are a testament to how ideal this cafe is for those looking to get their foot in the door to hospitality investment and the cafe lifestyle. This is an excellent opportunity to unlock the cafe’s potential and elevate it to the next level, as the current owners plan for their golden years and prepare for their retirement.
For more information or to arrange an inspection, please contact Elle Likopoulos and her team on XXXXXXXXXX or at XXXXXXXXXX
Ref: B14734
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