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Listing Id: 34156 Last Refreshed: 07/11/2024 Total Views: 13 Broker Ref: 22994

Very busy Cafe. Run under FULL management. Cash Cow.

Melbourne City, MelbourneTake Aways
Asking Price: $888,888
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Brand new fit out done, JUNE 2024. New 8 year lease.
This cafe is an " Off Market Sale " and the location is in the South EASTERN suburbs. NOT Melbourne.
Photos are display only and of French cafes.
As this cafe is under FULL management, the Vendor would like a discreet sale. Not disrupt the great staff.
This has been a constant, solid turnover for years because of location.
This cafe is one of the best on the market. Huge takings !! A good operator will make a lot of money, get their capital back quick and then have a great asset with a big cash flow. Having a great business is all about location and position. This cafe is in a very busy shopping centre, huge constant foot traffic, great parking for customers and a corner location inside the centre. Easily the most favourite cafe in the centre with little competition. Atmosphere is great, the food is simple but exceptional, and most of all they make a beautiful cup of coffee. Seating area is huge for up to 100 patrons, and sometimes you cannot get a seat !! Takings continually growing year by year. You are buying a Cafe business that comes with an exceptional reputation. Cafe closes at 4 PM everyday and has a constant flow of customers ALL the time. This is a BIG opportunity that will be a great investment for the future. You can open on Sundays, or close the cafe on Sundays if you want. BUT - Sunday is huge for takings. New, 8 year-lease, but the shopping centre welcomes this business as it has been there since 2014. Call the Agent to discuss takings and NET profit. Any purchaser is welcome to do their own due diligence to substantiate financials. This Cafe is a Golden opportunity for the next owners and this exceptional business does not come along very often. Please call for a proper inspection as the Vendor will not welcome people walking in without an appointment . Quote BSV 0958 and call Michael NOW !!! - on - 0400 645 133, or submit an enquiry.
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