Price
$79,000
Profit *
Refer to Broker
Sales Revenue
$520,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02540
Currently on offer is a priced for immediate sale of a café and restaurant that had been recently renovated with a modern fit out. It is located in a busy shopping strip, enabling exposure to high rates of traffic. Currently trading as a successful Colombian Restaurant
*$150,000 worth of plant and equipment
*Newly renovated 223 sqm premises
*50 total seats
*5+5-year lease
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring to the market a priced for immediate sale of a newly renovated café and restaurant. The business has thrived at its current location along a busy shopping strip with ample car parking. It is exposed to high rates of passing traffic daily, enabling it to attract many potential customers.
The business is equipped with $150,000 worth of plant and equipment. Its premises has been newly renovated to feature a modern and tidy fit out. The premises feature a full commercial kitchen, which purchasers may utilise to curate an interesting menu that could increase demand for customers.
Total seating within the premises is 50 at full capacity. Purchasers have the option to open in the evenings and introduce a liquor licence to potentially increase takings. The premises are also adequate to host functions to diversify its revenue stream.
A long-term lease agreement commenced in 2019, enabling the business to operate for up to 10 years at its current location. An upstairs area is sub-leased to derive $300 per week to reduce rental costs.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: ME02540
Broker: Nouha Mohtadi
Phone: 0411 755 568
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
