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Newly Renovated Cafe in an Affluent Bayside Area. $399,000 (16185)

$399,000

Elsternwick, Victoria

Newly Renovated Cafe in an Affluent Bayside Area. $399,000 (16185)

Situated on a bustling shopping strip in the heart of Elsternwick's shopping and dining precinct, this cafe is extremely well known among locals and sees majority of it's customers return on a regular basis. Surrounded by key amenities and major anchor tenants including supermarkets, pharmacies, and several public transport options the area is business at all hours of the day and the business experiences a high rate of foot traffic.

The recently renovated cafe is sure to impress even the fussiest of buyers, showcasing a full commercial kitchen, beautiful hanging lights, seating for 25 inside and 16 outside, as well as a gorgeous courtyard.

Key features:

*Taking $18,000 per week
*Sells 40kgs of coffee per week
*Prime location on a busy main road
*Open 7 days per week, 7am-4pm
*Affordable $1,019 rent per week
*3+3 Lease
*Same owner for the last 3 years
*Very well established
*Excellent online reviews

For more information please contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
Email: jeremy.gao@linkbusiness.com.au

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Features

Business Snapshot

  • Price: $399,000
  • Net Profit: $3,500
  • Lease Options: 3+3 (commenced 2019)

Business Links / Tools

Last updated: 29th March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Elsternwick
State
 Victoria
Price
$399,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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