Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
You won’t find a better location! Strategically located on the “golden mile” of Melbourne’s northern suburbs, this extremely popular Middle Eastern grocery store is positioned on a well known shopping strip surrounded by other successful key retail outlets and key amenities, and is the go to destination for all shopping needs. With endless parking available there’s never a shortage of customers.
The 190sqm premises is fully equipped and fitted and facilitates the option of expanding the site a further 150sqm if desired.
Key features:
*Taking $23,000 per week
*Open 7 days per week, 8:30am-7:30pm
*Affordable $1,147 rent per week
*Good lease in place, excellent Landlord
*Huge improver, can introduce new lines and extend current lines
*Very high profit margins
*Prime location in a sought after area
For more information please contact Alam El Basha from LINK, formerly Klemms on the below:
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
*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.
LINK International Group Ltd. 2022 ©