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As New Cafe with a Stunning Fit Out $220K (16294)

$220,000

Elsternwick, Victoria

As New Cafe with a Stunning Fit Out $220K (16294)

This is an amazing opportunity to purchase a recently renovated, open plan cafe in the heart of the affluent suburb of Elsternwick. Strategically located on a busy main road, and surrounded by residential properties, the business experiences enormous rates of passing traffic daily, with hundreds of parents from the local schools frequenting the shop for their school drop off and pick up coffee hit!

The 120sqm has been immaculately fitted and equipped with beautiful new display fridges, stylish furniture, a new coffee machine worth $28,000, and seating for 45 inside and 20 outside. The business also holds an 11:30pm liquor licence which only increases it's potential!

Key features include:

*Taking $10,500 per week
*Open 7 days per week
*Reasonable $1,040 rent per week
*Good 11 year lease in place
*Double fronted shop with huge street presence
*Located at the bottom of a high rise apartment building
*Perfect for an owner operator, family operation, or for VISA purposes
*No expense spared

For more information please contact Nick Kolaitis from LINK on the below:
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au

Features

Business Snapshot

  • Price: $220,000
  • Net Profit: $2,000
  • Lease Options: 1+5+5 (commenced 2020)

Business Links / Tools

Last updated: 19th May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Elsternwick
State
 Victoria
Price
$220,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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