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Iconic City Cafe / Coffee Shop For Sale

Melbourne, Victoria, Australia
Asking Price:
$528,000 + Stock (AUD)
Turnover:
Undisclosed
Net Profit:
Undisclosed

Iconic City Cafe / Coffee Shop
Current takings $30,000-$35,000 weekly
Potential for takings of $40,000 + weekly
Excellent corner location with unique exposure
Proximity to theatres, Parliament House, corporate clients
This cafe in very popular with visitors, football, and entertainment crowds
Trade 7 days (6-2), potential to increase trading hours
Rental $1,784 weekly + outgoings
New lease of 5+5+5+5 = 20 years on offer
Low overheads operation
Old school cafe menu / service
Same owner since 2001
First time on the market in 25 years
Selling 40-50 Kilos of coffee
Loyal regular customer base
Extremely consistent turnover
Trial period or Due Diligence on offer to verify sales
Assistance period on offer if required
Ideal business for family or partners
Declared profits for 25-26 year $337,210 includes 1 owner's wage
Genuine vendor, motivated to sell
Inspection highly recommended and will not disappoint
Asking price $528,000 + Stock

This business is exclusively listed with BPA Business Brokers
Our Ref: 8290