An Established Modern Cafe in Eastern Suburbs Taking $14K Weekly (17184)
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(no street name provided), Ringwood East VIC 3135

$99,000

BusinessSize: n/a
Currently on offer is a thriving cafe situated in a prominent location. Boasting a sleek and modern design, this fully managed establishment garners consistent weekly revenue of $14,000 with its renowned coffee, takeaway lunches and pastries. This cafe stands primed for a motivated new owner to capitalise on its potential.

*Taking $14,000 PW
*Modern design
*7-day operation
*$1,005 rent for the cafe pw (including car parks)
*$27,279.96 rent for upstair apartment pa
*10+5+5+5 years lease agreement
*360 sqm
*P&E worth $150,000

Nick Kolaitis, Kristy Kolaitis, and the team at LINK Melbourne are excited to bring to the market a renowned and profitable cafe.

This cafe sells 35 kg of coffee each week. Fully managed and ready for immediate operation, it's the perfect chance to step into a thriving setup that's poised for success.

Nestled within a prominent building, the cafe benefits from high visibility and access to a steady flow of foot traffic. Its modern designed premises span 360 sqm, creating an inviting ambience that appeals to both locals and passersby. The strategic location also ensures ample parking, making it a convenient destination for customers.

This business opportunity holds immense potential for expansion and innovation. New owners can explore introducing new menus, hosting functions, extending the trading hours for evening trade, and acquiring a liquor licence to tap into different revenue streams. The sublet apartment generating supplementary income provides an added advantage. Overall, this cafe is poised for continued success under new ownership.

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

Listing ID: 17184
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au

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Key details

Property type:
Business

Other Details

LINK VIC TAS GROUP

Property history

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Ringwood East suburb information

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SummaryMedian sales
Average Age
40 years
Population
10,764
Listing ID: 182194951. This listing has been viewed 2 times. It was first displayed on 04/01/2024 and last updated on 04/01/2024.
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.
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