Under Offer A Longstanding And Lucrative Café In A Prime Business Location $498,000 (16748)

Business Sold Malvern East, Victoria 3145

Business Category Cafe and Coffee Shop Takeaway Food

SOLD

Description

Under Offer A Longstanding And Lucrative Café In A Prime Business Location $498,000 (16748)

This cafe is a highly profitable operation in a sought-after Melbourne location, with a long and successful operating history owing to its loyal local customer base. It is well-established and easy to operate, ideal for a family operation or any purchaser seeking a consistent and resilient source of income!

* $25,000 in takings PW
* Excellent margins; COGS at 28% only
* 25 to 30 kg of coffee sold PW
* Up to 15 years lease
* 100 seats inside and out
* 12:00 am license
* $300,000 worth of P&E

Ross Morelli and the team at LINK Melbourne are thrilled to introduce an outstanding café to the market.

It is a bustling and thriving café in Malvern East, favoured by locals for its delicious and nutritious hand-crafted meals. Apart from dine-in and takeaway sales, it also drives revenue through services.

The café is positioned in a central location, surrounded by other successful hospitality, retail and specialty establishments, exposing it to high rates of foot and passing traffic daily.

The business occupies spacious, light-filled premises comprising a beautifully designed fit-out with all assets necessary for its day-to-day operations. As such, no additional capital injection is required!

With its excellent menu, warm and inviting ambience and stellar local reputation, it presents a turnkey opportunity that guarantees a solid income in the long run.

Looking for a solid acquisition opportunity in the heart of Southeastern Melbourne? Look no further! This is the perfect business for motivated purchasers like you.

Listing ID: 16748
Broker: Ross Morelli
Phone: XXXXXXXXXX / XXXXXXXXXX
Email: XXXXXXXXXX

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

To complete an online confidentiality agreement, visit this business and enquire now at: XXXXXXXXXX

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Additional Details

Price: SOLD
State: Victoria
Net Profit: $250,000
Contact Seller

Bsale ID: 608293
Broker REF: 16748.1

Link Business Melbourne