Summary
work-life balance, great reviews, consistent local customer base; potential to open for dinner,25 seats indoor 25 outdoor; 20kg coffee/wk; all equipment owned; takings 11k/wk, 11yrs lease,75k WIWO
Revenue
$11,000 pw
Rent
$1,100 pw
Expenses
$8,700 pw
Net Profit
$1,200 pw
Location Details
Prahran
all day street parking, lovely residential area, next to tram 6 stop, 15mins drive to Melbourne CBD, lots of foot traffic with local residents
Potential
With strong year-on-year growth of 20%, the business is on an upward trajectory, and the groundwork has already been laid for further success.
Additional growth opportunities:
- Extend hours to include dinner service, a wine bar, or tapas offerings
- Liquor licence
- Expand into catering services
Hours
7 - 2pm, great work-life balance
Lease
11 yrs remaining
About the Business
- open 7 days a week, closing at 2 pm
- great work-life balance
- great google reviews
- consistent local customer base
- potential to open for dinner/wine bar/tapas
- 25 seats inside 25 outside
- under management currently
- even better profit for owner-operator
- dog friendly
- 20kg coffees/week
- all equipment owned
- weekly takings 11k
- 11 years lease remaining
- 75k, WIWO
- serious buyers only
The business generates a net profit of $62K per year ($1,200 per week) without owner's involvement. However, if you work in the business, you can save at least $70K in wages, bringing your total take-home to at least $130K. For a working couple, this could increase to $200K or more, making it an excellent lifestyle opportunity.
With strong year-on-year growth of 20%, the business is on an upward trajectory, and the groundwork has already been laid for further success.
Additional growth opportunities:
- Extend hours to include dinner service, a wine bar, or tapas offerings
- Liquor licence
- Expand into catering services
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