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Owner Retiring! Licensed Cafe for Sale in Melbourne Metro| Covid Proof| 188 Visa Suitable

SELLING PRICE

$350,000.00

LISTING AGENT

Sam Razzak

OVERVIEW

  • Listing ID 2104
  • Price $350,000.00
  • Categories Cafes and take away food shops

Details

Cafe Business for Sale in South Eastern Suburb in Melbourne Victoria  

***EXCLUSIVELY LISTED WITH NETWORK INFINITY***


Same owner 10+ years

Long-standing COVID Proof resilient business

Cheap rent

Same owner 10+ years, the owner has decided to retire. Much loved business with a local captive clientele in an affluent Melbourne suburb. The business didn't receive or qualify for JobSeeker due to its resilience and profitability. The base rent is below 5% which is a dream come true for investors or owner-operators alike! 

* Weekly takings from Nov 2020 onward $16,670*(inc) 

* Trial for sales figures are welcome

* Rent is only $681 PW EX GST which brings it below 5% of the turnover

* Sells approx. 30 KG of Coffee 

* Breakfast and lunch daily from 8 am to 4 pm

* Minimal competition, captive clientele

* Has liquor license

* Equipment is in good condition

* Simple business to operate

* Inspection are welcome as they will impress!

* This business is suitable for business visa subclass 188 holders


For more information or help on registering on our site 

please contact Sam on

0427 836 110

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. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.



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