Under Offer Popular Espresso Bar In Busy Glen Iris Shopping Hub

Glen Iris, Victoria 3146

SOLD

Key Features

AI generated. Contact seller to confirm.

Prime shopping centre position near Coles and entrance walkways
Near-new modern fit-out designed for efficient grab-and-go operations
Fully managed operation with a six-person team
Sells more than 50 kg of coffee weekly
30 internal seats and owned equipment included
Seven-day trading with potential to expand grab-and-go offerings

Turnover: $936,000 annually
Rent/Lease: Monthly rent of $6,093; secure 5+5 year lease until 2031

Business Details

Business Category Cafe

Don't miss this excellent opportunity to acquire a profitable coffee business with minimal risk and outstanding growth potential for the right operator.

This thriving espresso bar has established itself as the go-to destination for premium coffee in a bustling shopping centre. Strategically positioned near entrance walkways and directly in front of Coles, it benefits from constant foot traffic from both dedicated coffee lovers and shoppers seeking quality beverages.

The premises feature a clean, modern aesthetic with an excellent, near-new fit-out designed for efficient grab-and-go operations. With no cooking required, this turnkey business offers a simple yet highly effective model that maximises profitability while minimising operational complexity.

*Annual turnover of $936,000; 28% COGS
*Secure 5+5 year lease until 2031; monthly rent only $6,093 monthly
*Sells 50+ kg of coffee weekly
*Fully managed operation with a 6-person team
*30 internal seats; beautifully appointed space with a modern fit-out
*Prime shopping centre location
*All equipment owned and included in the sale price
*7-day trading with potential to expand grab-and-go offerings

Contact Nick today to secure this piping hot opportunity before it's gone!

Listing ID: ME03295
Broker: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03295
Timestamp: XXXXXXXXXX 0004