A Gem of a Cafe for Sale in Melbourne $250k profit

5 days ago

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Summary

This popular local eatery is only three years old. Yet it‘s quickly gained the support of locals and visitors alike. In danger of being snapped up Situated in a busy suburban shopping strip, it’s a

Location Details

204 King St

About the Business

A Gem of a Cafe for Sale in Melbourne

If you’re looking for a café for sale, this one should be on your menu. $15k pw sales, super low rent and extrememly profitable to the tune of $250k!

This popular local eatery is only three years old. Yet it‘s quickly gained the support of locals and visitors alike.

In danger of being snapped up…

Situated in a busy suburban shopping strip, it’s a beacon for those after a great coffee. However, it’s more than that. Just as the consistently positive reviews of the food and service testify. The artfully presented dishes are universally popular, giving the café a large following of regulars. And a growing community of advocates.

Yet there are other features of this café for sale that you, as the new owner, will appreciate. Many cafes often prove to be not financially viable. But this one certainly is. Not only does revenue keep growing but overheads remain low.

Rent is often the drag on a café’s financial performance. But here, the rent is low. Very low. At less than $400 per week, it’s equivalent to 2.5% of the revenue. With expenses like this, a business can’t help but be profitable!

It boasts a near new, slick and modern fit-out, both indoor and courtyard seating and even a few tables on the pavement out front.

There’s potential to extend into catering and delivery. And, if you added a liquor licence, there’d be strong support for dinner on selected nights, so wholeheartedly has the community embraced it.

Run it yourself, and you’ll have earned your investment back within two years. It’s even profitable enough to treat it as an investment. You could still afford to appoint a manager in your place.

Gems have a habit of being snapped up by those in the know. Don’t let someone else get their hands on this one. Contact the exclusive broker as soon as you can.

FOR SALE: $295,000 + SAV

Click on the CONFIDENTIALITY AGREEMENT icon, call the exclusive broker, Andrew Yoannidis on 0403 242 325 or send an email to andrewyoa@benchmarkbusiness.com.au

Benchmark Business Sales and Valuations

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