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A Popular Shisha Lounge & Cafe In A Prime Multicultural Suburb $329,000 (17008) For Sale

Victoria, Australia
Asking Price:
$329,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Food/Hospitality
On offer is an established shisha lounge & Cafe, with established regular and repeat consumers. This business is renowned for its superb online and offline reputation and has become a hotspot for locals and tourists seeking an authentic Shisha experience. Its easy-to-operate business model makes this opportunity perfect for ambitious investors who want to earn attractive returns with minimal effort. *Taking $8,000 PW*Recently refurbished*THIS BUSINESS IS EQUIPPED TO OPERATE AS A RESTAURANT *Comprehensive asset composition*Substantial seating capacity (130 seats)*Excellent margins (COGS: 25%)*Owner-operated*Up to 10 years lease (commenced 2022)*4/5 on Google (based on 220+ reviews)Nouha Mohtadi and the team at LINK Melbourne are thrilled to introduce a turnkey Middle-Eastern restaurant and shisha lounge to the market.It has gained immense popularity among the Northern suburbs' Islamic community due to its authentic Jordanian and Middle Eastern cuisine and unique ambience.The restaurant and lounge span over 180 sqm and were recently refurbished with modern Middle Eastern decor. Additionally, it features a full commercial kitchen and ample storage space that could be converted to expand the restaurant further.Currently, the business does not serve alcohol. Hence, incoming owners can obtain a liquor license to boost revenue. This could also lead to hosting special musical events to strengthen its ties with loyal patrons and attract new customers. Take advantage of the chance to own a thriving Middle-Eastern restaurant and shisha lounge in Melbourne's Northern suburbs.