Looking to own a thriving café in a prime location? We have an exciting opportunity for you! This café, part of a highly successful franchise group, is now available for sale in Frankston.
– Huge Gross profit margin of over 65%
– Impressive Turnover: With an annual turnover in excess of $1.3m, this café has established a strong presence in the local market, attracting a loyal and growing customer base.
– Average taking of $25,000 per week. In summer months average takings per week is in excess of $40,000.
– Mix of indoor and outdoor seating with a capacity of 110 patrons
– Adjusted profit of more than $280,000 in FY2022 for the working owner
– Reasonable rent of $3471 per week, calculated to approx. 8% of the revenue
- Franchise Support: As part of a successful franchise group, you’ll benefit from the extensive support and resources provided by the head office. They will assist you in running the business efficiently and maximizing its potential.
- Prime Location: Situated in the heart of Frankston, the café enjoys high foot traffic and excellent visibility. It’s surrounded by a bustling community and offers great potential for further growth.
- Established and Professional Team: The café has a dedicated and experienced team in place, ensuring a smooth transition for the new owner. They have helped build the café’s positive reputation and provide excellent service to customers.
Don’t miss out on this exceptional opportunity to become part of a successful franchise group and own a thriving café in Frankston. Take advantage of the loyal customer base and the support provided by the franchise. The potential for growth and success is immense!
Asking Price $650,000 plus SAV
View on map / Neighborhood
- State: Victoria