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High Profit Corner Cafe in West Melbourne For Sale

Added by Edenexchange

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Listed in Business For Sale

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Fantastic city fringe cafe in prime corner location, offering an escape from busy Spencer Street. This owner occupied cafe has a simple, fresh menu to satisfy the ravenous horde of diverse clientele, serving breakfast and lunch in a relaxed, comfortable setting. This place even prepares and takes care of many catering needs in the local area. Come and take a look at this highly lucrative business in the fast growing area of West Melbourne. All the hard work is done! Just walk in and start making money from day 1.

BUSINESS HIGHLIGHTS

• Profitable weekly turn over with steady growth
• 13kg of coffee per week, plus hot chocolate and chai, and growing
• Open: 6:30am- 3pm Mon- Fri, Sat 8:00am- 12:30pm
• Perfect owner operator cafe, Also suit investor (easy to run with manager and staff).
(Currently run with 2 full-time owners and 1 part-time staff member).
• Trading 48 weeks per year, Closed all Public Holidays

BUSINESS STRENGTHS

• Prominent street frontage and superb location to capture passerby.
• Fast growing area
• Loyal customer base built over 3.5 years
• Seats: 24 Inside, 12 outside
• Good Secure Lease
• Commercial Kitchen
• Huge potential to open for Sunday and evening trade, and to expand catering clientele
(or option to make Monday to Friday business only)

LEASE

• NEW LONG-TERM LEASE (3x3x3)
• Current weekly rent: $715.00 GST Inc.
• Size of venue: 83 m2 approx.

FINANCIALS

• Available on site to qualified buyers with signing of confidentiality agreement.
• Full Inspections by appointment
• Walk in walk out contract, training provided if needed.

Reason for sale: Owners moving overseas. Motivated Sellers.

PRICE: $239,000 NEGOTIABLE, all stock and equipment included.

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