PORT MELBOURNE ’24 ATOMS’ CAFÉ FOR SALE

4 days ago

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CAFE $159,000

 

Summary

Nestled off the Westgate freeway in Port Melbourne, “24 Atoms” is for sale. With solid weekly takings, in a great location & with a long secure lease, this is a great opportunity not to be missed.

Revenue

$10,000 pw

Rent

$1,311 pw

Net Profit

$2,000 pw

Location Details

1 Phillip Court Port Melbourne

Hours

Trading hours are Monday - Friday: 6:00 am - 2:30 pm

Lease

Renewed lease 21 Jan 2020 for 5 years with further terms of 3 x 5 years. (Total 20 years from 21 Jan 2020)

Employees

Employees are: 1 X Casual and 2 owners full time

About the Business

Nestled just off the Westgate freeway in Port Melbourne, “24 Atoms” is for sale. With solid weekly takings, in a great location and with a long secure lease attached, this is a great opportunity not to be missed.

Located within the industrial area of Port Melbourne, it is surrounded by many large factory companies, such as Bega Cheese and Vegemite to name a few. With many apartment complexes, and employees nearby, you will never be without customers.

The trading hours of the café are suitable for the area being only opened as a daytime café during the week. However, there is the opportunity to extend trading hours to remain open later in the afternoon and on weekends.

This extensive takeaway menu provides customers with the ability to ‘grab and go’ (which is suitable for the area), but also it has a good-sized dining area, catering up to 40 indoor diners and 40 outdoor diners.

There are many ways to continue to boost the sales of this business. This can be achieved by exploring catering opportunities given the number of industrial companies that there are in the area. As mentioned, there is the possibility to extend trading hours to remain open later in the afternoon and on the weekends.

An opportunity such as this business is ideal for a first-time business owner or someone wishing to open up an additional location. Contact NICK on 0419 589 852 to find out more.

WHAT YOU NEED TO KNOW:

• Monthly rent of $5637.50 including GST
• Renewed lease 21 Jan 2020 for 5 years with further terms of 3 x 5 years. (total 20 years from 21 Jan 2020)
• Trading hours are: Monday - Friday: 6:00 am - 2:30 pm
• Employees are: 1 X Casual and 2 owners full-time
• Weekly takings of $10,000
• Net profit of $2000 per week
• Owner-operator
• Seats 40 inside and 40 outdoor
• All equipment will be included in this sale (excluding the coffee machine)
• 25kg of coffee per week
• Fully equipped commercial kitchen
• Same owners for 13 years

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