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Cafe And Cake Business Preston For Sale

Preston, Victoria, Australia
Asking Price:
$100K - $250K (AUD)
Sales Revenue:
$416,000 (AUD)
Cash Flow:
Not applicable

*Make an Offer*

Iconic cafe specializing in European cakes and sweets with excellent location in Preston.

With a busy main road location in the main shopping and dining area of Preston, this cafe enjoys large amounts of passing foot and vehicle traffic daily. It is close to the Preston Market and is a favourite coffee shop for the locals.

This iconic cafe has been serving coffee and cakes and sweets for 30 years and has been with the current owners for 11 years.

This good size cafe business has ample room with seating for 22 inside and a further 12 outside.

• Turns over $8,000 per week
• Rent is $4,060 per month incl GST with a lease of 4x4 commenced August 2020
• Trading 7 days Monday to Friday 7:30am to 9pm, Saturday and Sunday 8am to 9pm
• Run by 1 full time owner, 1 part time owner and 4 part time staff
• No website and limited exposure on social media – so lots of potential for this business with some marketing on social media.

Currently specialising in European cakes, sweets and desserts, this cafe is easily adapted to suite any cafe style menu. It is well suited for pastry chefs or entrepreneurs looking to own/run a cafe. Take over and capitalise on the goodwill established over 30 years.

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos.

REF: B13853

Property Information

Real Estate:

Lease

Lease Terms:

4x4 commenced August 2020

Location:

With a busy main road location in the main shopping and dining area of Preston, this cafe enjoys large amounts of passing foot and vehicle traffic daily.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday to Friday: 7:30am to 9pm, Saturday, Sunday 8am to 9pm

Employees:
1 FT and 1 PT Owner, 4 PT Staff
Years established:
30

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