Price
$280,000
Profit *
Refer to Broker
Sales Revenue
$936,000
Location
Nillumbik, Eltham
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME01756
This is an amazing opportunity for anyone looking for a high profit cafe/restaurant in the northern suburbs.
Focusing on tapas, meze, and share plates, the business is perfectly positioned in the heart of the Eltham shopping and dining precinct, is surrounded by successful retail and hospitality traders, and has plenty of parking at it's doorstep. The cafe/restaurant is a hit among locals and experiences enormous amounts of foot traffic daily.
The beautiful 150sqm premises has been immaculately fitted and even includes a coffee window opening onto the street serving pedestrians .
Key features include:
*Taking $18,000 per week
*15 Year lease
*Reasonable $4,689 rent per month
*Open 6 days per week, closed Mondays
*Seats 100 in and out
*Prime location in the centre of Eltham
*Top quality fit out including a full commercial kitchen
*11pm Liquor licence
*Run semi under management
For more information please contact Gerry Morelli from LINK:
Listing: ME01756
Phone: 0417 353 120
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.
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*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.
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