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Traditional Pizza & Cafe in South East Melbourne - $340K | Licensed | Long Lease

SELLING PRICE

$340,000.00

LISTING AGENT

Sam Razzak

OVERVIEW

  • Listing ID 782
  • Price $340,000.00
  • Categories Cafes and take away food shops

Details

Location! Location! Exciting opportunity to own a fully licensed very profitable 50+ year old Greek cuisine, traditional Pizza and Cafe, an Institution in a very busy location in South East Melbourne close to a top University, Hospital and a massive new residential development for 250 dwellings. Current owner has run this place since 2007. It's very difficult to find a business in this location due to great demand. 

* Weekly takings $15000+

* Low rent & Outgoings -  $1140+O/G+ GST, well below 10% of weekly takings

* Long lease with 3x3x3 options commenced on July 2016

* Very high foot traffic in a prime location

* Loyal customer base

* Very large 137 mpremise, including 2 car park

* Opportunity diversify further by introducing other cuisines

*  Seating 70 inside, 10 outside .

* Fully licensed including delivery of liquor

* 14 days trial available 

* Asking price $340K + SAV

                  ***EXCLUSIVELY LISTED WITH NETWORK INFINITY***

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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