For Sale $550,000 - Hospitality
RealWorld Business Brokers is pleased to present you to this beautiful and modern café-Restaurant for sale in a busy Shopping Strip. Their strategic location coupled with its proven sales record offer an outstanding investment opportunity for a positive minded person looking for a well-established business in the hospitality industry.
ASKING PRICE: $ 550,000.00 plus S.A.V (Stock at Valuation);
TURNOVER: $ 1.75M (average as per latest P&L Statement)
TRIAL PERIOD: $ 38,000 per week
LOCATION: Moonee Ponds/Essendon Area
ABOUT THE BUSINESS:
- Fully Managed Café-Restaurant
- Strong reputation with recurring customers
- Incredible review ratings with Strong branding and professional Website
- 35-40 Kg of Coffee per week approximately
- Consistent high-quality Service and products
- Liquor Licensed with function/meeting room
- 175 Seats inside + 80 outside
- Huge growth potential by improving social media marketing
- All Staff in Place- Start generating income from day one!!
- Operating Hours:
- Monday to Sunday 8am-10pm
- Owner motivated to sell due to other business interests.
LEASE: 25 years (from July 2011)
STOCK: $ 30,000 approximately.
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AGENT: RAM – 0499 919 432
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Disclaimer: Images displayed on this ad are stock images only, not picture of the actual business, its products, equipment or employees. Figures displayed reflect latest financial information provided to RealWorld by the Vendors. All numbers and information are subject to due diligence by a Potential Purchaser.