Reputable Cafe Franchise in the Booming Northern Suburbs $239,000 (16658)
Melbourne
$239,000
Food/Hospitality
Menu
Established since 2013 by current owner.
Well presented with large indoor and outdoor seating areas.
New lease commenced December 2021 with option periods and reasonable rental.
Well-equipped no money to spend on upgrades.
Current turnover in excess of $15,000 per week.
Run under semi management with full kitchen and floor staff in place.
Trading 7 days per week from 7.30am to 3.30pm with local repeat clientele.
Ideally suited to an owner/operator to save on management wages and achieve a higher net profit.
Owner motivated to sell after 8.5 years; all reasonable offers will be submitted.
Asking Price: $250,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00784 and click on the ENQUIRE NOW button.
For full details contact Guy Cooper
*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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