Reputable Cafe Franchise in the Booming Northern Suburbs $239,000 (16658)
Melbourne
$239,000
Food/Hospitality
Menu
Established for over 45 years, current owner 27 years
This seafood takeaway has a solid reputation with local repeat clientele in a fast-growing residential hub.
The immediate area is undergoing major high-rise developments which will see this business double in trade over the next few years.
Current turnover sits at an average $18,000pw on 6 days trading from 10am to 8pm Tuesday to Sunday, takeaway only.
Showing a net profit of approx. $5,000pw to owner operator.
This business is closed every Monday and 2 weeks over Xmas holidays.
Fully equipped front counter cooking area, with prep room, walk in cool room and walk in freezer room out back.
Long lease on offer with a reasonable rent of $4,788 pm inclusive of outgoing and GST
Current owners are motivated to sell as they are seeking retirement after 27 years.
Asking price $750,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00767 and click on the ENQUIRE NOW button.
For full details contact Baz Sanjakdar.
*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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