Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
A popular restaurant serving up Italian standards including pizza, pasta & osso bucco, in a warm, snug space.
Perfectly positioned on a busy main road in Moonee Ponds, this restaurant holds huge street exposure, is surrounded by busy bars, restaurants, and cafes, and experiences enormous amounts of passing traffic daily. With ample customer parking and public transport at it’s door, the business is easily accessible to all and is extremely popular among the local community, receiving fantastic Google reviews.
The large 200sqm premises has been beautifully fitted with modern Italian decor and boats a spacious 100sqm full commercial kitchen, a 2 bedroom dwelling upstairs, timber and brick features throughout, a bar, rear courtyard, and seating for 59 inside and out. With not a cent to spend this business is set up to perfection and sure to impress.
Key features include:
*Taking $10,000 per week
*Open 6 days per week, closed Tuesday
*Short hours, 5pm-10pm
*Cheap $830 rent per week
*4 Year lease with more options available
*Good 2 bedroom dwelling included in the sale
*Does deliveries through Uber Eats, Deliveroo, Menulog, and Doordash
*Sought after main road location
*11pm Liquor license
*Fully equipped and fitted
*Huge potential
For more information please contact Ross Morelli from LINK on the below:
Phone: 0417 112 911
Email: ross.morelli@linkbusiness.com
*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.
LINK International Group Ltd. 2022 ©