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One of the Best Cafes in the Area $798K (16295)

$798,000

Ringwood, Victoria

One of the Best Cafes in the Area $798K (16295)

This beautifully fitted, 4 shop front cafe is strategically located at the entrance to a popular shopping plaza in the highly sought after eastern suburbs. The cafe has become the go to destination for locals for top quality coffee and food and often provides catering to the surrounding offices, law courts, and factories, increasing the weekly profits. With a huge car park out the front the business has excellent exposure and is easily accessible for all.

Set up to perfection the 200sqm site includes a full commercial kitchen, woodfire pizza oven, coolroom, seating for 130, and holds an 11pm liquor licence, providing the perfect opportunity to increase opening hours to night trade if desired.

Key features include:

*Taking $25,000 per week + catering
*Open 7 days per week 8am-3pm
*$2,115 per week rent
*10 Year lease in place
*Sells 45kgs of coffee per week
*Surrounded by successful key retail traders including Coles and Bunnings
*Simple menu
*Blue chip position

For more information please contact Ross Morelli from LINK on the below:
Phone: 0417 112 911
Email: ross.morelli@linkbusiness.com.au

Features

Business Snapshot

  • Price: $798,000
  • Net Profit: $250,000
  • Lease Options: 10 Years (commenced 2016)

Business Links / Tools

Last updated: 19th May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Ringwood
State
 Victoria
Price
$798,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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