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Bustling Local Cafe Taking in Excess of $930,000 Per Annum. $490,000 (15000)

$490,000

Ringwood, Victoria

Bustling Local Cafe Taking in Excess of $930,000 Per Annum. $490,000 (15000)

Perfectly located on a busy main road surrounded by multiple schools and amenities, this cafe experiences huge rates of passing traffic daily and is a hit among local parents.

The newly set up cafe is fully equipped and fitted with all equipment still under warranty, and is ready and waiting for a new owner to come in and take it to the next level. Boasting a full commercial kitchen, a smoothie bar, cake and foccacia displays, a coffee bar, and an ice cream bar, this cafe is sure to impress even the harshest of critics.

Well known within the community for its simple, yet high quality menu, the takings have been continuously increasing proving that there is unlimited potential on offer here.

Key features of the business include:

*Taking $24,000 per week
* Long 9 year Lease in place
* Sells 30 kgs of coffee per week
* Seats 38 inside & 40 outside
*Newly set up 200sqm premises
*Reasonable $1,000 per week rent
*Open 7 days with the potential to increase opening hours daily

This is a superb opportunity, do not miss out!

For more information contact Gerry Morelli from LINK, formerly Klemms on the below:
Phone: 0417 353 120
Email: gerry.morelli@linkbusiness.com.au

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Features

Business Snapshot

  • Price: $490,000
  • Net Profit: $3,000
  • Lease Options: 3+3+3 new lease

Business Links / Tools

Last updated: 31st March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Ringwood
State
 Victoria
Price
$490,000
Category
  • Cafe/Coffee Shop
  • Retailer

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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