Price
$98,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME01834
Perfectly positioned on a major intersection in the heart of Footscray, this modern cafe is surrounded by multiple offices, residential apartments, retail outlets, and holds excellent street exposure. With over 60 apartments being built only 200m away from the shop, the area is constantly bustling and experiences large rates of foot traffic daily.
The 250sqm site has boasts a beautiful red brick exterior and has been equipped to perfection including a coolroom, 6 burner stove, hot plate, deep fryer, double deck pizza oven, sandwich bar, a bain marie, and seating for seating for 42 in and out. The premises is light, bright and welcoming, and is set to impress!
Key features include:
*Taking $7,000 per week
*Open 5 days per week, keep your weekends free to achieve that work life balance we’re all after
*Trades 8am-3pm
*Affordable $961 per week rent
*Good 20 Year lease
*Huge potential to increase takings by introducing more lines and doing marketing
*Run semi under management
For more information please contact Jim Papas from LINK on the below:
Phone: 0414 653 638
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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*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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