LINK Business Brokers Australia

About this Business for sale in Melbourne

Location, location, location! Perfectly positioned on a busy shopping strip in the high density residential suburb of Preston, this cafe is surrounded by many major amenities and key retails outlets including a police station, a high school, local council, and so much more. The hub acts as the go to shopping and dining destination for locals and is busy at all hours, experiencing large rates of passing foot and automotive traffic.

The 64sqm site has been extremely well fitted, is light and bright, and oozes ambiance. With it’s polished concrete floors, timber panelled counters and accent walls, drop pedant lighting, and both indoor and outdoor seating, the premises is extremely aesthetically appealing and is set to impress!

Key features include:

*Was taking $9,000 per week pre covid, currently taking $8,500 per week as people begin returning from working from home
*Open 5 days per week, keep your weekends free and achieve that work life balance we all desire
*Cheap $510 per week rent
*9 Year lease remaining
*Catering contract in place with the local council
*Endless potential to increase turnover
*Simple menu
*Easy to operate
*Seats 28 inside and 4 outside
*4.8 Star Google reviews

For more information please contact Kristy Kolaitis from LINK on the below:
Phone: 0421 136 415
Email: kristy.kolaitis@linkbusiness.com.au

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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.

Listing: #ME01987
Price: $99,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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You may also be interested in...

Organic / Health Food Supermarket & Cafe SE Qld

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Food/Hospitality

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