Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Cafe And Bar With Liquor Licence And Residence For Sale

Collingwood, Victoria, Australia
Asking Price:
$35,000 (AUD)
Sales Revenue:
$130,000 (AUD)
Cash Flow:
Not applicable

Priced to Sell.
*$35,000 - Must sell*

Priced to Sell.

This established cafe/restaurant and bar is situated in Collingwood’s busy hospitality precinct. It is surrounded by many supporting businesses which ensure a steady flow of customers to the area. With a location close to the corner of 2 busy main streets, it has significant traffic exposure and easy access by public transport.

Relaxing and cosy venue with a wide customer base. This restaurant/bar has seating for 26 inside and 8 outside. The premises also has a function room, with capacity of up to 20 people, which can be utilized as an overflow on busy days or for private functions. Additionally, there are also 4 rooms upstairs, too.

Trades 5 days for breakfast, brunch and lunch: Trading hours are currently Tuesday to Friday: 7:30am to 4pm and Saturday: 8am to 4pm. It is fully licensed until 11pm. Which gives new owner ample opportunity to extend trading hours to include a dinner service.

The owner works in the business with support from 1 full-time staff and 1 casual employee.

Turns over approx.$2,000 - $3,000 per week with rent of $5,833 pcm plus GST for good size premises, including the upstairs spaces. New lease is available to new owners.

This is perfect for you if you are looking for an opportunity to have your own restaurant/bar, saving on the costly exercise of having to fit out a new space with equipment, this is a turn key opportunity where new owners can move right in with no down time.

Ref: B14559

Property Information

Real Estate:

Lease

Lease Terms:

3x3x3 Commenced 16/12/2020

Location:

It is surrounded by many supporting businesses which ensure a steady flow of customers to the area. With a location close to the corner of 2 busy main streets, it has significant traffic exposure and easy access by public transport.

Business Operation

Reasons for selling:

Family

Trading hours:

5 days: Tuesday to Friday: 7:30am to 4pm, Saturday: 8am to 4pm; closed Sunday and Monday

Employees:
1 FT Owner, 1 FT Staff, 1 Casual staff
Years established:
13