HIGHLY REPUTABLE CAFE BAR MELBOURNE
BUSINESS Detail
BUSINESS DESCRIPTION
Boston Business Brokers are pleased to offer for sale a well-known, high quality cafe and bar, which has experienced huge success and is favoured by locals for its top quality food and drink and excellent customer service. Since it began trading over four years ago, the business has established itself as a high quality cafe with affordable prices and has successfully generated an annual turnover of $3,100,000 with high profit margins. A new owner is presented with a highly lucrative opportunity and by implementing a number of changes, could drive the business further. Adding new food and drink options could effectively appeal to more customers and the possibility of a catering or delivery service could bring in more revenue. Having offers/discounts for those repeat customers could also present an opportunity for added growth and a customer loyalty scheme could guarantee repeat patronage. Embracing more virtual advertising through social media would be an effective way of growing the business and advertising locally via leaflet drops, posters etc would also draw in more customers. On behalf of the owners, Boston Business Brokers is looking for a buyer with a keen interest in the café bar business, one who will seek to maximise its growth and continue to provide solid customer service to the local area.
- Well established
- Full management team in place
- Long secure 15yr lease
- Great rental terms
- Seats 100+
- Licensed 11pm
- Full commercial kitchen
- Fitted to high standard with quality finished
- Excellent FF&E
- Training provided
Consideration $900,000