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 $16,000 per week
*15 Year lease
*Reasonable $961 rent per week
*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, formerly Klemms 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.