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Busy Cafe In Cheltenham For Sale

Cheltenham, Victoria, Australia
Asking Price:
$250K - $500K (AUD)
Sales Revenue:
$1,248,000 (AUD)
Cash Flow:
Not applicable

This busy cafe restaurant business for sale under management offers a prime location on main rd & long established reputation for excellence.

Serving its loyal clientele for approx 6 years, this business is open 7 days a week. With a high exposure location on a major road in & out of the area, this business is easily accessible with public transport next door & is surrounded by businesses, shops & apartments to ensure there is a wide range of customers for continued patronage.

Currently operating from 6am-3pm Monday to Friday & Saturday & Sunday 6:30am - 3pm, the business runs under management with staff only, so this could be an ideal opportunity for an investor to take over & continue its success. Or run it yourself & reduce wages to increase profit!

Great set up with a warm inviting atmosphere, seating for 36 inside, 21 outside rear courtyard and 16 out the front. Liquor licence in place, serving quality food.

Long lease of 5x5x5 & cheap rent of $3,844 per month inc GST.

Takings are approx $23,000-$25,000 per week on average.

Fantastic opportunity to take over a well established profitable business & make money from day one. Investors & owner operators alike can reap the benefits of this vendor’s hard work!

Ref: B14334

Property Information

Real Estate:


Lease Terms:

5x5x5 Commenced 11/2018

Business Operation

Reasons for selling:

Other Business

Trading hours:

7 Days; Mon - Fri 6am - 3pm; Sat & Sun 6:30am - 3pm

1 FT Owner, 6 FT Staff, 7 Casual
Years established:

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