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Highly Profitable Cafe, Run Fully Under Management, Asking $449,000 (15765)

$449,000

Balwyn, Victoria

Highly Profitable Cafe, Run Fully Under Management, Asking $449,000 (15765)

This is a purchaser's dream to buy a beautifully fitted-out cafe, that has recently undergone renovations.
Positioned in a well-known cinema in Melbourne's inner eastern suburbs. Prime location on a VERY busy main road, surrounded by a residential area, and busy retail & hospitality outlets, with over 200 apartments across the road and within close proximity to public transport stops. This business sees heavy foot traffic throughout the whole week!
With all systems in place, this highly profitable business is run fully under management and would benefit from an owner operator or an investor who is looking to take this business to the next level!

Features of this highly profitable business include:
*Taking approx. $23,000 p/w
*Run fully under management
*Recent fit-out renovations
*PRIME location
*Situated a dense residential area
*Positioned in a well-known cinema
*Short hours, 3:00 pm closes
*Affordable rent
*VERY secure lease
*Liquor licence

Location: Inner East Melbourne Victoria
Category: Cafe Restaurant Take-away Coffee/Cakes

For more information contact Ken Bouchebli from LINK, formerly Klemms on the below:
Phone: 0406 966 455
Email: ken.bouchebli@linkbusiness.com.au

Features

Business Snapshot

  • Price: $449,000
  • Net Profit: $4,000
  • Lease Options: Lease: 5X5X5X5 / Lease Commencement: 9/2019 / Security Deposit: $20,000

Business Links / Tools

Last updated: 13th February 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Balwyn
State
 Victoria
Price
$449,000
Category
  • Cafe/Coffee Shop

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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