Cafe Inside Melbourne University Taking $24,000 Per Week! $850,000 (17252) For Sale

- Categories: Food/Hospitality
Currently on offer is a cafe with growth potential offering a diverse all-day menu, coffee and other beverages. This turnkey business comes complete with modern equipment and a state-of-the-art fit out, popular for functions & catering.*Taking $24,000 pw*Melbourne uni location*Diverse Menu Offering*Sells 30 kg coffee pw*104 Seating capacity *Extensive P&E worth $160,000*125 sqm*5-day operationsAlam El Basha and the LINK Melbourne team proudly present an exceptional opportunity to acquire a well-established cafe with significant room for expansion and growth!This lucrative business opportunity presents a diverse menu specialising in serving breakfast and brunch cuisine that includes coffee, tea and delectable sides. The cafe has a robust customer base and significant coffee consumption, making it an enticing prospect for those seeking an excellent business in the hospitality sector.Situated in a prime location underneath a campus building with accessible street frontage, it benefits from a constant flow of foot traffic. The 125 sqm premises have recently undergone a state-of-the-art, architecturally designed fitout, creating a modern and inviting atmosphere. With operating hours from 8:00 am to 3:00 pm, five days a week, this business is perfectly positioned to cater to the bustling community. The cafe also maintains a weekly coffee consumption of 30 kg, highlighting its significance in the local coffee culture. Moreover, functions contribute $312,000 per annum and catering services add $230,000 annually to the turnover.The potential for growth is substantial. New owners can explore opportunities such as expanding operating hours, advertising catering and functions, and introducing night hours and delivery services. These avenues offer a clear path to maximising revenue and expanding the customer base.To learn more about this business, contact me today. I would be glad to provide more details to qualified purchasers.Listing ID: 17252Broker: Alam El BashaPhone: ---- --- ---Email: [email protected]
Ref: ME02702
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