Business ID: XB159101 - Turnkey Cafe with Growth Potential
The current owner has successfully operated the business for 8 years. Managed by the staff, this cafe is situated in a prime location with excellent growth prospects. It's an ideal opportunity to extend trading hours and introduce a dinner service! With numerous new apartments being built nearby, the area is set to see increased foot traffic and revenue.
BUSINESS HIGHLIGHTS:
- Huge entertaining Courtyard Cafe in the heart of bustling street
- Weekly Revenue $25k average.
- Reasonable rent of approx. $8k a month
- Profit to the owner approx. $25k monthly
- Secure long lease in place until September 2032
- High-traffic location - directly opposite railway station
- Fully managed business with owners providing back-office support
- All equipment owned except coffee machine.
- Trading hours can be extended till 11pm
- Perfect for an owner-operator
A renowned Bayside Cafe/Bar, this venue boasts one of the most relaxing courtyard experiences in Melbourne! With a laid-back atmosphere and ample offerings, it operates seven days a week, serving all-day breakfast and lunch. Situated in one of Melbourne's most affluent suburbs, now is the perfect time to purchase and expand this fantastic venue!
PRICE: $350,000 + SAV
Property Code: 4006
