Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
Menu
– Brand new 5 year lease with the option to trade longer days/hours
– paying $600 rent p.w. – very low for the area
– growing customer base in its 8 months of operation
– all equipment is owned and included in sale price
– Serving all day breakfast and sandwich based menu
This cafe on one of Sydney’s busiest eatery strips – Darling St in Balmain, provides a new business owner a rare opportunity. An opportunity to purchase at a very low investment price a newly established cafe, with brand new fully owned equipment, exceptional space and a new lease. The reason the owner is looking to sell is that they are looking to relocate overseas for family reasons.
With increased marketing and advertising this business could exponentially increase its cashflow and value when time to resell.
Call now to make an inspection for this business and begin to imagine what you could do to grow this into a great business.
#10684
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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