Unique business offering café services, giftware retail and Airbnb accommodations. With ample parking and high visibility, it has diverse revenue streams and presents an attractive opportunity for entrepreneurs.
*Positioned metres from a prime corner location and bustling railway station
*award nominated..ended up runner up
*seat 26 inside and up to 50 outside
*Fully equipped commercial kitchen
*Average takings of $13,000
*Offers ample free parking
*Enjoys high exposure and visibility
*Diverse revenue streams
Nouha Mohtadi and the team at LINK Melbourne are thrilled to present a well-established, versatile business in the north of Victoria's Central Business District to the market.
This business offers café services, retail giftware and comfortable Airbnb accommodations. Since its establishment in 2021, it has become a popular choice for locals and tourists.
The business is positioned at a prime corner location and attracts a trendy local crowd, particularly appealing to affluent residents. With ample free parking available, it has earned a solid reputation, having an impressive 4.7 out of 5 rating based on 108 Google reviews.
Operating from Monday to Saturday, from 7:30 am to 3:00 pm, the business provides a welcoming environment for customers to enjoy quality coffee, cakes and pastries. Customers can relax and enjoy their treats with seating available for 36 indoors and 12 outdoors.
The business ensures high-quality offerings with a fully operational commercial kitchen and a captivating bistro display. Additionally, it features a cosy 2-bedroom residence suitable for travellers or those seeking a comfortable stay.
Rent is set at $1,000 per week, with a favourable lease terms, covering an area of 509 sqm. The business holds top-notch machinery for optimal performance.
Staffing consists of one full-time employee, three casual employees and one owner-operator. With average takings of $13,000 and a gross profit margin of 69%, the business maintains a cost of goods at 31%.
As a finalist in business awards, this business offers a straightforward operation and potential for expansion, making it an attractive opportunity for aspiring entrepreneurs. Extending trading hours to include a restaurant further enhances its appeal.
Listing ID: ME02874
Broker: Nouha Mohtadi
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au
Ref: ME02874
Timestamp: 20240429053223
