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Popular Shish Lounge & Café – SHORT HOURS HIGH PROFITS

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Price $199,000
Profit *

Refer to Broker

Sales Revenue

$312,000

Location Moreland, Coburg
Category Retail, Retail
Listing # ME02471
Nouha Mohtadi Headshot

Nouha Mohtadi

Business Broker

Melbourne

+61 3 9819 4211

+61 411 755 568

[email protected]

Coburg Retail Business for Sale
Coburg Retail Business for Sale

About this Business for sale in Coburg

On offer is an established shisha lounge & Café, with established regular and repeat consumers. This business is renowned for its superb online and offline reputation and has become a hotspot for locals and tourists seeking an authentic Shisha experience. Its easy-to-operate business model makes this opportunity perfect for ambitious investors who want to earn attractive returns with minimal effort.

*Sales revenue 7,000 PW
*Profit 3,000 per week, low overheads
*Exceptional fit out
*Private Function rooms
*THIS BUSINESS IS EQUIPPED TO OPERATE AS A RESTAURANT
*6 days operation from 5pm to late, closed Sundays 
*Substantial seating capacity (130 seats)
*Excellent margins (COGS: 25%)
*Owner-operated
*Up to 10 years lease (commenced 2022)
*Rent 4,900 a month, 400 sqm 
* Commercial Kitchen facilities 
*4/5 on Google (based on 220+ reviews)

Nouha Mohtadi and the team at LINK Melbourne are thrilled to introduce a turnkey Middle-Eastern restaurant and shisha lounge to the market. The restaurant and lounge span over 180 sqm and were recently refurbished with modern Middle Eastern décor. Additionally, it features a full commercial kitchen and ample storage space that could be converted to expand the restaurant further.

Currently, the business does not serve alcohol. Hence, incoming owners can obtain a liquor license to boost revenue. This could also lead to hosting special musical events to strengthen its ties with loyal patrons and attract new customers.

Take advantage of the chance to own a thriving Middle-Eastern restaurant and shisha lounge in Melbourne's Northern suburbs. 

Contact Nouha today to learn more about this turnkey business opportunity and take the first step towards owning a successful venture with massive potential for growth!

Listing ID: ME02471
Broker: Nouha Mohtadi
Phone: 0411 755 568
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.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Nouha Mohtadi Headshot

Nouha Mohtadi

Business Broker

Melbourne

+61 3 9819 4211

+61 411 755 568

[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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