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Cafe/Coffee Shop for Sale in Port Melbourne, VIC

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Cafe/Coffee Shop
PORT MELBOURNE, VIC
New
$350,000
# Crust Pizza - Port Melbourne for Sale## Established Hospitality Business | Under Management | Approx. $19,000 Weekly TakingsAn excellent opportunity to acquire an established Crust Pizza business operating since 2019.The business occupies approximately 176 m and benefits from an established team, strong delivery-platform presence, catering capability and additional rental income from the premises.The business currently operates under management, with the owner providing oversight rather than handling ordinary day-to-day operations.## BUSINESS SNAPSHOTEstablished: October 2019Asking Price: $350,000 + Stock at ValueWeekly Takings: Approx. $19,000Management: Under ManagementLease: Until August 2029 + Further 5-Year OptionPotential Lease Term: To August 2034## KEY HIGHLIGHTS* Established operation since 2019* Approx. $19,000 weekly takings* Under-management business* Two food concepts operating from the same premises* Fully equipped commercial pizza kitchen* Approx. 176 m premises* Major delivery-platform presence* Catering available seven days* Existing team already in place* Additional upstairs rental income* Long lease structure## ADDITIONAL RENTAL INCOMEThe upstairs rooms currently generate approximately:$3,200 per monthThis provides an additional income stream outside the core food operation and helps offset occupancy costs.## KEY OPERATING COSTSRent: $10,453.57 + GST per monthRent Including GST: $11,498.93 per monthElectricity, Gas & Heating: Approx. $20,606 per annumWater: Approx. $371 per annumCombined Utilities: Approx. $1,748 per monthCost of Goods: Approx. 30%## EQUIPMENT INCLUDEDThe business includes an established commercial kitchen with equipment such as:* Commercial pizza oven* Dough mixer* Dough roller* Cool room* Freezer and refrigeration* Stainless-steel benches* Salad bar* Computers and printers* Security cameras* Other operating fixtures and fittingsFinal inclusions should be confirmed during due diligence.## GROWTH OPPORTUNITYOne of the key areas for further growth is catering.An incoming owner may focus on developing recurring business from:* Corporate offices* Schools and colleges* Sporting clubs* Local businesses* Events and functions* Community organisations* Large group orders* Workplace catering accountsThe business already has the kitchen, staffing and delivery infrastructure required to pursue larger recurring orders.## ASKING PRICE$350,000 + Stock at ValueImportant Information Vaibhav Grover - 0470133725 Business Advisor and Broker Agent's Representative acting for Greenfields Real Estate, Lic No. 091937L. All financial information is provided by the vendor. Buyers must complete their own due diligence. Agents accept no liability for accuracy of figures or any outcomes arising from the information supplied. Pictures are for Reference Purpose Only