UNDER OFFER Bustling Cafe in the Heart of Richmond with a 1 Bedroom Residence $58,000 (16493)

Price

$58,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Food/Hospitality, Retailer

Listing #

ME01988

Melbourne Retailer Business for Sale
Melbourne Retailer Business for Sale

About this business for sale in Melbourne Region, Melbourne

Situated on the corner of a busy main road in the centre of the highly sought after suburb of Richmond, this cafe is in the heart of all the action, is surrounded by thousands of residential properties, close to all major amenities, holds fantastic street exposure, and with a tram stop at it’s door is easily accessible by all.

The beautifully presented 120sqm shop is extremely well equipped and fitted, including a clean kitchen, a separate dishwashing area, a newly installed security system, modern display cabinets, a spacious undercover courtyard, and a 1 bedroom residence upstairs which can be rented out at $300 per week.

Key features include:

*Taking $4,000 per week
*Open 6 days per week, closed Saturday
*Very affordable rent at $750 per week
*Good 10-year lease
*5-star liquor license
*Ample customer parking
*Prime main road location
*Huge potential, needs a fresh new operator to inject some energy and ideas into the business
*Simple operation
*Seats 22 inside and 18 outside

For more information please contact Nick Kolaitis from LINK on the below:
Phone: 0411 428 161
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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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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