This is an outstanding opportunity to acquire a modern award winning cafe in a highly sought after location. Perfectly positioned under a seven storey apartment building on a busy main road in Hawthorn East, this cafe is the go to destination for surrounding office workers and sees large amounts of passing traffic daily.
The 230sqm premises is extensively equipped with the fit out costing the existing Vendor in excess of $900,000. Showcasing a full commercial kitchen, a walk in coolroom, and so much more, an inspection is highly recommended and sure to impress the fussiest of buyers.
Key features include:
*Taking $20,000 per week
*Run under management
*Sells 50kgs of coffee per week
*Secure 15 year lease
*Huge improver, takings will increase as the surrounding offices start to fill again after Covid
*11pm Liquor license
*Prime main road location surrounded by offices and in close proximity to a medical centre
*Includes 8 car parks
For more information please contact Gerry Morelli from LINK on the below:
Phone: 0417 353 120
*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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