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Popular Cafe, Pizza Restaurant & Bar. Prime Sought After Location in South Morang $69,000 (15905)

$69,000

South Morang, Victoria

Popular Cafe, Pizza Restaurant & Bar. Prime Sought After Location in South Morang $69,000 (15905)

If you're looking for an established, reputable cafe/restaurant with a function space then look no further!

Strategically located in a large homemakers centre on a busy main road in the highly sought after northern suburbs, this modern cafe/restaurant is surrounded by key retail outlets including banks, mega retail stores, and gyms, and experiences huge rates of passing foot traffic daily.

Set up to perfection including a large, undercover outdoor seating area, the cafe/restaurant focuses on providing it's loyal returning customers with simple, good quality dishes at competitive prices, perfect for anyone after a hard day shopping!

Key features include:

*Taking $10,000 per week (was taking $14,000 pre covid)
*Licenced
*Seating for 110 in and out
*Open 7 days per week
*Sells 14kgs of coffee per week
*Excellent main road location in a popular homemakers centre
*9.5 Year lease
*HUGE potential to increase takings with the introduction of delivery
*Large undercover alfresco dining space / function space

For more information please contact Sanjay Agrawal from LINK, formerly Klemms on the below:
Phone: 0402 023 502
Email: sanjay.agrawal@linkbusiness.com.au

Features

Business Snapshot

  • Price: $69,000
  • Net Profit: $2,000
  • Lease Options: 5+5 (9.5 years remaining. commenced 1/12/2019)

Business Links / Tools

Last updated: 25th February 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 South Morang
State
 Victoria
Price
$69,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

Contact

Sanjay Agrawal