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Architecturally Designed, State Of The Art Cafe, Restaurant And Bar. $9750,000 (15987)

$975,000

Eltham, Victoria

Architecturally Designed, State Of The Art Cafe, Restaurant And Bar. $9750,000 (15987)

This is a rare opportunity to own one of the most frequented venues in the Eltham area! You won't want to miss out!

This large 280sqm premises has been architecturally designed with renovations carried out in 2018. The business is beautifully set up with state of the art equipment, fixtures, and fittings, including a spacious full commercial kitchen, a walk in coolroom, undercover outdoor seating, and a modern dining area oozing with ambiance.

Located on a very busy main road with huge street exposure, the business is surrounded by key amenities and is in close proximity to a major shopping centre, providing an endless flow of continuous passing traffic.

This cafe, restaurant and bar has become an institution in area, well known for serving up quality pizzas, wraps, and share plates, as well as stocking a full bar. With over 500 positive Google reviews and an excellent social media presence, the business sees majority of it's customers returning on a regular basis as well as being a hot spot for tourists in the area.

Key features include:

*Taking $53,000 per week
*Run fully under management
*12 year lease in place
*Seats 110 inside and 36 outside
*Licensed
*Very reasonable rent of $1,603.10 per week
*Open 7 days per week, 8am-8pm
*Sells 40kgs of coffee per week
*Perfectly suited for an owner operator or family business

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

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Features

Business Snapshot

  • Price: $975,000
  • Net Profit: $12,000
  • Lease Options: 3+3+3+3 (10 Years remaining. Lease commenced 6/09/18)

Business Links / Tools

Last updated: 8th October 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Eltham
State
 Victoria
Price
$975,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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