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Popular Local Cafe - Price Reduced

$138,000

Colac, Victoria

Popular Local Cafe - Price Reduced

This great little cafe in the heart of Western District Victoria is being offered for sale to enable the seller to focus on other interests

The cafe has operated for 18 years, 3 years under the current owner, boasting a great reputation, very well patronized, currently trading 7 days a week from 9 a.m. to 5 p.m. with the ability to extend those hours, noting the restaurant is licensed and able to trade up until 11PM

The current turnover is in the region to $8,000 + per week, not to be overlooked it was consistently around $10,000 and returning excellent profits prior to Covid

The cafe is in a great location capturing locals, business people and passing traffic, offering customers a great selection including juices milkshake smoothies sandwiches wraps cake slices biscuits, opening early morning for breakfast

There is seating capacity for over 60 people

Rent is excellent at $700 a week- 3.5 years remains on the current lease with a 5-year option.

As the owner is committed to move on they are very realistic with the selling price @ $138,000 WIWO REDUCED

If you are looking to invest in a business offering a good profit, with potential to expand, express your interest today

Note you will be required to sign a confidentiality agreement before further information is made available

Peter Hurrell
peter@excelbbs.com.au 0407 973 726

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Last updated: 20th July 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Colac
State
 Victoria
Price
$138,000
Category
  • Alcohol/Liquor
  • Cafe/Coffee Shop
  • Food/Beverage

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Business Brokers Network

Business Brokers Network

Contact

Peter Hurrell