- Categories: Food/Hospitality
Business & Property or Business Only or Property Only
An exceptional opportunity to acquire a thriving, long-standing and highly profitable cafe, deli and bakery with the option to also secure the freehold. Taking over $66,789 per week in net sales, operating short hours, and serving 58kg of coffee weekly, this business offers strong performance and lasting stability.
HIGHLIGHTS:
- Solid and reputable business, family-owned for over 69 years
- Prime Inner-Northern suburb, less than 10km from Melbourne CBD
- Fully equipped commercial kitchen with quality fit-out
- Impressive 700m² shop with 24m frontage on an 879m² site with on-site parking
- Exceptional potential to increase turnover with fresh, new operators
- Strong 55% gross margin, high profits, and consistent proven turnover
- A rare opportunity to secure both a tremendous cashflow business and a prominent freehold property
OPTIONS & PRICING:
- Business & Property: $3.73 million
- Business Only: $1.18 million
- Property Only: $2.55 million (returning $115k per annum with a 21year lease)
ENQUIRE TODAY
Tony Latessa
Phone: ---- --- ---
Email: [email protected]
Jamal Dabab
Phone: ---- --- ---
Email: [email protected]
Listing: ME03375
Ref: ME03375
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