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Iconic Cafe Melbourne's North East Turnover $60K Fully Managed

SELLING PRICE

$1,188,000.00

LISTING AGENT

Patrick Bucca

OVERVIEW

  • Listing ID 1850
  • Price $1,188,000.00
  • Categories Premium listings
    Restaurant
    Cafe/Coffee Shop

Details

What an opportunity to acquire one of the best known and well established cafe / restaurants in the North East of Melbourne. This cafe / restaurant has been serving loyal customers for well over two decades and is well known for great coffee, delicious food and amazing cakes.

Key Benefits 

UNDER MANAGEMENT OPERATION

Weekly Turnover averaging $60,000.00 per week 

Low Rent under 3% of turnover

High Return on Investment

Secure and long lease

Well established for over two decades with strong and consistent sales

Fully managed with great systems in place

Immaculate and extensive fit out - recently renovated with nothing more to spend

Large Premises seating 110 inside and 36 outside

Free Parking

Fully Licensed

Extensively and fully equipped to the highest levels

Any trial welcome - (Full paperwork and great financials available to serious buyers)

****This business is an absolute gem and an Institution. An inspection will impress****

CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION

OR FOR HELP REGISTERING ON OUR SITE CONTACT 

Patrick Bucca 

0409 709 514

http://networkinfinity.com.au/en

patrick.bucca@networkinfinity.com.au

Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business.




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