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Licensed Cafe in Melbourne's North East. Best in the Area. $1,790,000 (16174)

$1,790,000

Templestowe, Victoria

Licensed Cafe in Melbourne's North East. Best in the Area. $1,790,000 (16174)

An icon in the area!

This large, 260sqm cafe is located n the corner of a busy main road shopping strip in the heart of Melbourne's North East. The beautiful premises has been set up to perfection with no expense spared including a full commercial kitchen, walk in coolroom, espresso bar, coffee window opening on to the street, large windows bringing in loads of natural light, and seating for 100 inside and 80 outside.

The business is extremely popular among locals and sees majority returning on a regular basis and has quickly become the go to destination in the area for quality coffee and meals.

Key features:

*Taking $80,000 per week
*Sells a whopping 70kgs of coffee per week
*Open 7 days per week, 7am-9pm
*Reasonable rent at $2,961
*Long 20 year lease in place
*Excellent fit out
*Licensed

For more information please 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: $1,790,000
  • Net Profit: $700,000
  • Lease Options: 10+5+5+5 (commenced 2015)

Business Links / Tools

Last updated: 4th March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Templestowe
State
 Victoria
Price
$1,790,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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