Under Offer A Popular Northern Suburbs Café Taking $13,500 Per Week $125,000 (16969)

Business Sold Ivanhoe, Victoria 3079

Business Category Cafe and Coffee Shop Franchise Business Opportunities

SOLD

Description

Under Offer A Popular Northern Suburbs Café Taking $13,500 Per Week $125,000 (16969)

OWNER IS KEEN TO SELL IS NEGOTIABLE & OPEN TO OFFERS

On offer is a multifaceted cafe that has diversified its revenue streams by offering a broad range of branded homewares. It is a go-to café for many locals, owing to its prime spot in a busy boutique strip. Overall, it is a beautifully-presented business that drives substantial revenue weekly, perfect for families or owner-operators seeking a reputable café operation!

*Taking $13,500 PW
*Sells 30 kg of coffee PW
*P&E worth $200,000
*8-year lease
*Premises updated in 2020
*4.4/5 Google rating

Kristy and Nick Kolaitis and the team at LINK Melbourne are thrilled to present a highly profitable café and homewares retailing business to the market.

It is a popular café in Melbourne's Northern suburbs, known for its premium coffee, breakfasts, lunches, pastries, house made cakes and cookies. Additionally, it drives revenue by selling branded homewares such as artwork, body products, tumblers and candles.

It is near residential areas and public and private schools. As a result, it attracts a diverse customer demographic and is exposed to high volumes of passing traffic daily.

It is housed in a beautifully-presented shop with polished timber flooring, wooden tables and pink, white and green walls and furnishings. It also features a full commercial kitchen with new equipment worth approximately $200,000.

It is staffed by one part-time FOH (front of house) staff, one full-time chef, one full-time cook and eight casuals. The current owner is also involved in the business's operations, although qualified staff could take control if necessary.

The business has excellent margins, which contribute to its strong financial performance. It also has robust systems in place that keep its operations simple. Overall, this business has tremendous potential for expansion, enabling prospective owners to build on the groundwork that the current owner has already laid.

Go no further if you're looking for a profitable business that requires minimal improvement! Call Kristy and Nick today to learn more.

If you're seeking a profitable business that requires minimal improvement, look no further! Call Kristy and Nick today to learn more.

Listing ID: 16969
Broker: Kristy and Nick Kolaitis
Phone: XXXXXXXXXX / XXXXXXXXXX (Kristy) / XXXXXXXXXX (Nick)
Email: XXXXXXXXXX / XXXXXXXXXX

Additional Details

Price: SOLD
State: Victoria
Net Profit: $1,000
Contact Seller
Kristy Kolaitis

Bsale ID: 616548
Broker REF: 16969.1

Link Business Melbourne