Newly Established CBD Café Taking $1.1M+ PA

14 days ago

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Summary

Newly established yet highly profitable café in Melbourne CBD taking $1,144,000 per annum.

About the Business

On offer is a highly profitable café in Melbourne CBD, deriving lucrative revenue annually. It has only been operating since 2023 but has already developed a solid reputation, demonstrated by its financial success. As such, this turnkey business is suited for strategic purchasers seeking seamless entry into Melbourne’s evolving café industry.

*Taking $1,144,000 PA
*Prime CBD location
*160 sqm premises
*P&E valued at $200,000
*5x5 years lease (commenced 2022)
*Sells 50 kg coffee PW

Alam El Basha and the team at LINK Melbourne are excited to offer a lucrative café to the market.

This business has been operating since 2023 and has quickly developed a loyal customer base owing to its central location in Melbourne’s CBD. 

It is equipped with nearly new plant and equipment, including a bain marie, salad bar display, POS systems, camera systems, fridges, freezers and other well-maintained assets, which will be included in the sale.

Its beautifully appointed premises have an architecturally designed fit-out, making it stand out from competitors. The current owners have spent over $600,000 on such, and no additional capital injection will be required post-settlement.

The business is run fully under management and supported by a dedicated team of staff. The current owners have no involvement in the day-to-day operations, affording them excellent lifestyle flexibility. 

The success achieved by this business, notwithstanding its short history, is a rare feat, making it an outstanding acquisition opportunity for discerning purchasers.

To learn more about this business, contact Alam today!

Listing ID: ME02849
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Ref: ME02849
Timestamp: 20240313120003

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Find out more at the LINK VIC TAS GROUP Info page
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