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Highly Profitable Cafe Shop Taking $16,000 Per Week! $299,000 In Elsternwick For Sale

Elsternwick, Victoria, Australia
Asking Price:
$299,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Food/Hospitality, Cafe/Coffee Shop
On offer is a coffee shop positioned in a strategic area and is known to achieve remarkable profitability within just six months of operation. With a solid foundation and potential for continued growth, this turnkey business is ready for immediate takeover.

*Taking $16,000 pw
*Sells 15-20 kg coffee PW
*250 sqm
*Rent: $1,250 per week
*1 FT | 8 casuals
*Long lease term
*70 (inside: 58 | outside: 12)
*7-day operations
*Fully equipped

Nick Kolaitis, Kristy Kolaitis and the team at LINK Melbourne are excited to bring to the market an esteemed cafe with growth potential.

Surrounded by shops, boutiques, restaurants and businesses, it enjoys high foot traffic and easy accessibility. The cafe's average weekly takings of $16,000, with a gross profit margin of 26%, are a testament to its effective business model and strong customer base.

Inside, the cafe boasts a spacious 250 sqm area, complete with a full commercial kitchen equipped with high-quality appliances and a dedicated cool room for ingredient and beverage storage. Additionally, there are two bedrooms and two well-appointed bathrooms upstairs, offering convenience for the cafe's owners or potential rental income opportunities.

One of the standout features of this business is its potential for expansion. Further space on Level 1 can accommodate 30-40 additional seats or be used as a private residence or rental income source. The cafe also features a beautiful indoor courtyard, creating an inviting atmosphere for patrons.

It's a turnkey operation, ready for immediate takeover, with all systems and staff in place for a seamless transition. While the cafe is already profitable, there's room for even higher profits with greater owner involvement.

Don't miss this opportunity to step into a successful and profitable cafe. Contact us today to learn more

Listing ID: 17210
Broker: Nick Kolaitis
Phone: ---- --- ---
Email: [email protected]