On offer is a rare opportunity to acquire a cafe within a university in one of Melbourne's inner-city suburbs. It has developed a solid reputation for its high-quality coffee offerings, complemented by a menu of all-day breakfast options. With all assets and staff in place, in addition to a loyal customer base, this business is the perfect investment choice for a motivated purchaser seeking an easy-to-manage and profitable venture.
*Taking $1,000,000 PA
*Semi-managed operation
*3+3+3 years lease (final expiry: 2033)
*100 plus outdoor seats
*45 kg of coffee sold PW
*New fit-out
Gerry Morelli, Nick Kolaitis and the team at LINK Melbourne are excited to present a turnkey cafe to the market.
This lucrative business features a new set-up, with all assets required for daily operations already in place, including new coffee machines and fridges. No additional capital capital injection will be required post-settlement.
Located in a university, it is exposed to a captive market of students, faculty and visitors. Operating seven days per week and fully-managed on weekends, it is a simple business that can be run by a lean yet efficient team- currently supported by two full-time and two part-time staff, as well as an owner-operator.
Its sought-after site is secured under a long-term lease expiring in 2027 and with options to renew. Monthly rent is only $6,193.84, including all outgoings for the year.
Overall, this business presents a turnkey acquisition opportunity suited for a new or experienced operator seeking a profitable and straightforward business.
To learn more about this listing, contact Gerry or Nick today!
Listing ID: ME03097
Brokers: Nick Kolaitis
Phone: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03097
Timestamp: [Phone Number Censored]
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