Location, location, location! Strategically positioned on a busy main road in the heart of South Yarra, this business is nestled among hundreds of multi level residential apartment buildings, is in extremely close proximity to one of Melbourne’s most frequented shopping and dining hot spots, and has public transport at it’s door. The area is constantly bustling at all hours, brining endless foot traffic past the cafe.
The immaculately fitted 220sqm site is home to a full commercial kitchen, walk in coolroom, a spacious outdoor area, a coffee bar, and an elegantly set up 60sqm function room upstairs, all recently renovated. With full bar facilities, a 1am liquor license, and seating for 148 inside and 28 outside, the business is sure to impress and an inspection is highly recommended.
Key features include:
*Taking $1,500 per week
*Open 6 days per week, closed Monday
*15 Year lease
*Reasonable rent at $1,477 per week
*1am Liquor license
*Sought after location in an affluent suburb
*Huge potential, can be converted into a bar
For more information please contact Nick Kolaitis from LINK on the below:
Phone: 0411 428 161
*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.