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LICENSED CAFE – PRESTON

114 Miller Street Preston 3072
OFFERS INVITED

Description

PEARL OYSTER ESPRESSO is a sweet little oasis in the middle of suburbia on the edge of Preston bordering Thornbury. Well located in the heart of the Miller street shopping precinct. Pearl Oyster has been a local icon for well over 10 years and is well known in the North for its retro vintage fit-out, welcoming staff, very kid-friendly vibe, not to mention its tasty brunch focused menu and well-loved organic and fair trade coffee.

The cafe is a light filled space with huge windows at the entrance of the double shopfront plus a beautiful leafy courtyard at the rear. The cafe has consistent weekly sales between $11,000 – $12,000 and has great scope to increase sales further with demand from the locals to open at nights and make use of its liquor license.

Post the various covid lockdowns, cafes in the suburbs sell fast due to their ability to be covid resilient as their overheads are low, meaning even if they have to pivot back to a take away focused trade for any future lockdowns, the café still makes strong profit, plus there are more people staying in their suburbs as most customers are still working from home for the foreseeable future, so suburban cafes like Pearl Oyster Espresso are the hot investment for 2021. Call Marc to secure your inspection today on 0412 359 907. 

BUSINESS HIGHLIGHTS:

  • Weekly sales $11,000 – $12,000
  • Net profit $2,500 – $3,000 a week
  • 30kg of coffee a week
  • 9 years remaining on current lease (2+3+4 years)
  • Rent $3,000 + GST a month approx.
  • Fully licensed for 77 patrons
  • Genuine vendors ready to do a deal
  • Great seating for 100 inside and outside in rear courtyard

OPEN TO OFFERS

Call Marc 0412 359 907

  • 114 Miller Street Preston 3072, Melbourne, Australia
Marc Di Genova
Marc Di Genova
0412 359 907
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