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Cafe/Bar - Bustling Area Of Northcote For Sale

Northcote, Victoria, Australia
Asking Price:
$259,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

For sale in the always happening suburb of Northcote is a Bar Restaurant Cafe for sale.
Business is located in a bustling area of the suburb and offers customers a full authentic Mediterranean Seafood and tapas menu with the option to take away or eat in.
Open 5 days - Wednesday to Friday 5:30pm to 11pm & Saturday/Sunday 10:30am to 11pm.
Taking $19,000pw and will confidently trial on $17,000pw.
Rent is $6,750pw and has a 2x5x5 lease.
Semi under management - Husband and wife plus 5 part-time staff.
Wages are approx. $3,600pw.
Sells: Mediterranean 60%, Bar 30%, Coffee & Cakes 10%.
Has full a commercial kitchen, Liquor License ‘til 1am and walk-in coolroom.
Ideal location, main road, great foot and motor traffic as well as loyal residential/local customer base.
Seating 137 inside & 20 outside.
Also has an upstairs area that you can sublease or utilise as function area or offices with toilets and kitchenette.
This business is fully loaded with all the bells and whistles.
You will not need to spend a cent, it’s all been done for you.
Inside it’s impeccable with a modern and inviting vibe.
Very well run with solid reputation.
Suitable for owner operator, investment and/or under management arrangement.
For more information:
Please contact:
Theo Kalousis
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