Price
$120,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME01552
This beautiful, bright, modern cafe is unbeatably located in the heart of a bustling local shopping strip in the exclusive bayside suburb of Brighton. Surrounded by major retail outlets and key amenities including supermarkets, banks, bars, restaurants, and residential properties, the business experiences large rates of foot traffic daily, which increases in the summer months due to its bayside positioning and close proximity to the beach.
The fully renovated 100sqm premises is immaculately fitted boasting a large kitchen, walk in coolroom, bright open dining and serving area, seating for 32 inside and 12 outside, and even includes a 2 bedroom residence with a separate entrance and parking!
Key features include:
*Taking $14,000 per week
*Open 7 days per week, 7am-4pm
*Run semi under management
*Affordable rent for the area at $2,121 per week
*Long 11 year lease in place
*Prime main road location in an affluent, sought after area
*2 Bedroom residence with a separate entrance and parking
*Great ambiance
*HUGE potential to increase takings, the possibilities are endless with this one
*Set up costing in excess of $200,000
For more information please contact Sanjay Agrawal from LINK, formerly Klemms on the below:
Phone: 0402 023 502
Email: [email protected]
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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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