Ad ID: 102348

University Cafe for Sale Melbourne

Enquire about this "University Cafe for Sale Melbourne" opportunity on aubizbuysell

One of the leading coffee destinations on campus

Location:
Asking:
$550,000

Business for Sale Description

University Cafe for Sale Melbourne Asking: $550,000

University Cafe first time time offered for sale
one of the leading coffee destinations on this campus, currently fully managed & returning owners in excess of $160 K.
Considerable profits on offer for a hands on working owner to consider.
Trading only 48 weeks, Monday to Friday 7am to 4.30 pm
Impressive equipment list and fit out, all unencumbered.
The best location in the entire food court, business sale comes with working plans in place for a outdoor satellite cafe to be built if desired by new owners.
The current owners have operated with in this particular university for 16 years & are retiring.
The cafe was trading in its current position Since 1995 & in 2016 it was completely gutted and rebuilt.
Revitalised food menu, added specialty coffee\'s, batch brew pour overs ,added seating outdoors , social media presence.
Smooth and efficient operation & would return over 23% on investment only or close to 40% with hands on owner.
Excellent lease and rental.
Dont delay, these university locations are highly sought after

Interested In This Opportunity?

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For more info
Contact: Brian Budd

Brian Budd

0417 303 196 or 03 8687 2116
Business Brokers Network Australia
Broker Ref: 12656

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