Institution! Licensed Fully Managed Cafe For Sale
Inner East Melbourne

Industry: Food/Hospitality - Café/Coffee Shop | Listed by: Network Infinity
Key Strengths
About this business
Business for Sale in Victoria - Cafe for Sale - Inner East Melbourne.

Fully Under Management YET Profitable Investment Grade Business
Liquor License Large Premise
Solid Financials! Highly profitable. ALL OFFERS WELCOME

A long standing business, an Institution currently running fully under management. Current owner has other unrelated overseas business interests. The business has strong sales and has a long way to go for an astute investor or owner operator. Located in the heart of a busy road in a bustling suburb this business offers to be the 'go to' place for corporate meetings, casual catch-up and celebrations. It's a rare opportunity to buy a truly profitable business that has proven to be a stable popular cafe for many of its loyal customer base who loves it so much.

* Weekly Sales $35,235 (As per 2018-19 BAS).
* Weekly Rent and Outgoings $5788 (ex)
* Adjusted Net Profit $119,865 PA + Owner Salary
* Up mark rich suburb in Melbourne with lots of disposable income
* Fully under management - suitable for Investors and Owner Operators alike
* Fully licensed large premise
* Bustling busy suburb
* High foot traffic
* Long standing established business and INSTITUTION
* Excellent fit out and ambiance
* Superb Google ratings.
* Loyal customer base
* 7 days - breakfast, lunch & dinner (closes 5 pm Sun and Mon)
* $349K ONO + Appx Stock $15K (PRICE NEGOTIABLE)

For more information
please contact Sam on

0427 836 110

Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.
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Location:
Hawthorn East
VIC
Asking Price:
$349,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
042783.....
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Advertiser Details

Network Infinity
Location: Suite 222, Level 2 813 Pacific Highway
Chatswood, New South Wales
2067, Australia

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Institution! Licensed Fully Managed Cafe For Sale Inner East Melbourne ListingImage
About this business
Business for Sale in Victoria - Cafe for Sale - Inner East Melbourne.

Fully Under Management YET Profitable Investment Grade Business
Liquor License Large Premise
Solid Financials! Highly profitable. ALL OFFERS WELCOME

A long standing business, an Institution currently running fully under management. Current owner has other unrelated overseas business interests. The business has strong sales and has a long way to go for an astute investor or owner operator. Located in the heart of a busy road in a bustling suburb this business offers to be the 'go to' place for corporate meetings, casual catch-up and celebrations. It's a rare opportunity to buy a truly profitable business that has proven to be a stable popular cafe for many of its loyal customer base who loves it so much.

* Weekly Sales $35,235 (As per 2018-19 BAS).
* Weekly Rent and Outgoings $5788 (ex)
* Adjusted Net Profit $119,865 PA + Owner Salary
* Up mark rich suburb in Melbourne with lots of disposable income
* Fully under management - suitable for Investors and Owner Operators alike
* Fully licensed large premise
* Bustling busy suburb
* High foot traffic
* Long standing established business and INSTITUTION
* Excellent fit out and ambiance
* Superb Google ratings.
* Loyal customer base
* 7 days - breakfast, lunch & dinner (closes 5 pm Sun and Mon)
* $349K ONO + Appx Stock $15K (PRICE NEGOTIABLE)

For more information
please contact Sam on

0427 836 110

Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$349,000

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