Turnkey Restaurant Opportunity Taking $22,000 Per Week! $198,000 (17231)
agency logo

(no street name provided), Essendon VIC 3040

$198,000

BusinessSize: n/a
Currently on offer is a thriving and fully managed cafe. Boasting a complete commercial kitchen, a wood-fired pizza oven and a well-rooted presence in the community, this business is primed for a new owner to step in and prosper.

*Taking $,22,000 PW
*Prime Location
*180 Seating Capacity
*Sells 28 KG of Coffee PW
*7-day operation
*Long lease term
*275 sqm
*P&E worth $150,000
*Fully Equipped Commercial Kitchen

Jim Papas and the team at LINK Melbourne are excited to bring to the market an established cafe with huge growth potential.

This thriving restaurant business offers an exciting opportunity for those seeking a well-established cafe. Known for its delectable cuisine, this business has become a local favourite.

Strategically located in a vibrant community, this restaurant benefits from prime exposure and a spacious premises accommodating up to 180 patrons. The restaurant features a fully equipped commercial kitchen, including a wood-fired pizza oven and a late-night liquor license, making it ideal for continued success.

The business has substantial growth potential, including the option to extend operating hours to maximise the late-night liquor license. Further, marketing the upstairs space for various events presents an attractive avenue for expansion. Additionally, the forthcoming construction of a nearby development is expected to boost revenue, making this business appealing to new owners seeking a turnkey restaurant opportunity.

To learn more about this business, contact me today. I would be glad to provide more details to qualified purchasers.

Listing ID: 17231
Broker: Jim Papas
Phone:+61 414 653 638
Email: jim.papas@linkbusiness.com.au

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jim Papas to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business

Other Details

LINK VIC TAS GROUP

Property history

We couldn't find any history for this property.
See Essendon's suburb profile

Essendon suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
21,240
Listing ID: 181972205. This listing has been viewed 0 times. It was first displayed on 04/10/2023 and last updated on 23/11/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.