About the Business

On offer is a popular and modern beachside cafe that has developed a cult following for its outstanding coffee and food options. It currently boasts a nearly-new fit-out, complete with all assets needed to continue operating at its current level, and is ready for operations immediately after the settlement. As such, it presents a remarkable business acquisition opportunity for purchasers with or without a background in hospitality particularly those seeking a lucrative business in a prime location.*Taking $14,000 PW*Under management *Cheap $865 rent with studio apartment*100 sqm premises*Fit out costing $80,000 (4 years old)*P&E worth $40,000*Sells 50 kg coffee PW*4.6/5 Google ratingJim Papas and the team at LINK Melbourne are presenting a well-established contemporary cafe to the market. Located 500 m from a famous beach and a busy train station, this business occupies a prominent corner position along the bustling highway. Surrounded by a vibrant mix of retail and hospitality establishments, local government offices, schools, public parks and residential areas, it enjoys a prime location with high foot traffic.Its 100 sqm shop exudes modern elegance, featuring a contemporary fit-out worth over $80,000. It can comfortably accommodate up to 80 customers with indoor, outdoor and courtyard dining areas.Moreover, the business has an open commercial kitchen, fully equipped with top-of-the-line plant and equipment valued at $40,000, including an electric stove top, deep fryer, hot plate, open salamander, fridges and a dishwasher. The sale includes all these assets, allowing for immediate operations after settlement.Notably, an upstairs studio apartment is already included in the rent, presenting an opportunity to derive rental income or utilise the space as a storage, office or residence. Don't miss this remarkable opportunity to acquire a thriving cafe with beachside charm. Contact Jim today to learn more about this business!Listing ID: 17121Broker: Jim PapasPhone: 0414 653 638Email: [email protected]
Ref: ME02581
Timestamp: 20240312083022