Price
$249,000
Profit *
$208,000
Sales Revenue
$780,000
Location
Maroondah City, Ringwood
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03324
This is an excellent chance to own a highly profitable café in Ringwood, operating seven days a week with short hours and strong returns.
The café delivers strong returns with weekly takings of $15,000, a low net rent of $400 per week, and an included four-bedroom dwelling that yields $550 per week in rental income.
Well-established and straightforward to manage. Corner location strategically positioned near two major schools.
*$15,000 takings per week
*$208,000 net profit yearly
*$400 net rent per week
*20kg of coffee weekly
*Seats 25 inside, 48 outside
*Includes 4-bedroom dwelling, rented at $550 per week
Listing ID: ME03324
Broker: Gerry Morelli
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.
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