Sell Mandate BOSTON BROKERS IS EXCLUSIVELY RETAINED TO FIND A PURCHASER FOR THIS WELL-ESTABLISHED NORTHCOTE CAFE. Having successfully served the local community for over 20+ years, the cafe has established itself as a popular destination for coffee enthusiasts & brunch aficionados alike.…
BOSTON BROKERS IS EXCLUSIVELY RETAINED TO FIND A PURCHASER FOR THIS WELL-ESTABLISHED NORTHCOTE CAFE.
Having successfully served the local community for over 20+ years, the cafe has established itself as a popular destination for coffee enthusiasts & brunch aficionados alike. The business has created a strong & distinct brand offering a range of artisan coffee & brunch fare with food prepared only using the finest seasonal produce & freshest ingredients. This business is poised to grow by extending opening hours through to include dinner service and evening drink service.
Annual Turnover: Approximately $1,200,000+ Net Profit: Circa $200,000+ Years in Operation: 20+ years
KEY HIGHLIGHTS:
LOCATION DETAILS Located in a busy & highly sought after main road location with great exposure, in a high foot traffic vibrant precinct.
POTENTIAL This business truly delivers! Structurally, the business supports continued growth and development and is an ideal acquisition for an expanding group, individual operator or investor looking for a strong return on investment.
SKILLS Previous experience in running a food and beverage venue would be preferred. The current owners are willing to offer full training within the restaurant to ensure a smooth transition for the new owners. Simple to run & operate Cafe.
HOURS The existing operation is open 7 days per week: Monday – Friday 7am-4pm Saturday 8am-3pm Sunday 8am-3pm
LEASE Secure Lease with excellent rental terms and conditions.
EMPLOYEES A key component of the cafe’s success lies in its experienced & dedicated team of 14 staff members. The venue currently operates with a day manager & 5 to 6 service staff. There are a total of 14 casual staff currently employed.
REASON FOR SALE Retiring after 20 years.
This is an exceptional chance to acquire a well-regarded coffee shop business that has already demonstrated a strong track record & room for further growth.
Serious buyers are invited to request the full information memorandum. We typically respond within one business day and can arrange a private inspection within the week.
The listing broker will respond within one business day.