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Cafe/Restaurant/Bar, Taking $44,000 p/w, Asking $568,000 (15564)

$568,000

Geelong, Victoria

Cafe/Restaurant/Bar, Taking $44,000 p/w, Asking $568,000 (15564)

Cafe Restaurant Bar, taking $44,000 per week with Huge Potential and state of the art set-up which cost over $1 million only 3 years ago.
Growing Geelong location next to cinemas, 2 large anchor tenants and major established institutions.
Huge premises 570 sqm with seating for 168 in and 76 with capacity for much more.
This is genuinely a great opportunity to take this business to the next level.
Absolutely tremendous value.
Owner selling due to other business commitments.

For more information contact Jim Papas from LINK, formerly Klemms on the below:
Phone: 0414 653 638
Email: jim.papas@linkbusiness.com.au

Features

Business Snapshot

  • Price: $568,000
  • Net Profit: $42,000
  • Lease Options: Lease: 7+5 / Lease Commencement: 3/10/2016 / Security Deposit: $65,670 per annum

Business Links / Tools

Last updated: 8th November 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Geelong
State
 Victoria
Price
$568,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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