- Post Updated: 2020-12-07 14:26:31
- Status: For Sale
- Location: Melbourne
- Business ID: BS144275
- State: Victoria
$ 79,000
$79,000 WIWO
Description
Turnover: $7000-$8000 a week (pre-Covid)
This well-established and well-known eatery is located in a busy business hub near the airport. Servicing the building and surrounding warehouses, factories and tradies, it is being offered WIWO with equipment and stock valued at around $36,000 included.
Business highlights
- No immediate competition in the area
- Short hours – 5 days a week – no weekend or holiday work
- Simple to run with 1 F/T + 1 P/T staff and the owner
- Trading 7am-3pm, Mon-Fri + catering contracts
- Excellent reputation for its great coffee and simple but healthy home-made food
- Rent currently $37,855/pa+gst ($727/wk)
- Long lease with options to extend – currently having rent and outgoing reduction period
- Premises seat 35 inside and 19 outside plus good-sized kitchen & storage
- Commercial building facilities include toilet and rubbish removal
- Stable suppliers
- Toyota Tarago not included but can be negotiated separately
- Current owner selling due to a fulltime job on offer and family commitments
The current owner has chosen his hours to fit in with his young family. However, there is huge potential to extend opening hours, grow the catering side of the business and even add on delivery services through apps.
With nothing more than a great reputation and some Facebook advertising this Cafe had been growing by $1500 a week! Imagine what further promotion could do!
This business would suit a savvy investor that will immediately see the potential to further grow the business or a first time operator wanting to get into the hospitality industry!
Price: $79,000 WIWO