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Cafe Business For Sale In The East For Sale

Croydon South, Victoria, Australia
Asking Price:
$85,000 (AUD)
Sales Revenue:
$468,000 (AUD)
Cash Flow:
Available on request

Excellently located in a busy shopping centre with plenty of parking for customers, this is a well appointed cafe where the current owner has spared no expense in recent renovations.

This cafe enjoys a corner location in a very busy local shopping strip in Croydon close to many parks and sports grounds and a walking trail that passes behind the cafe and brings many visitors to the area.

Well appointed and well-equipped cafe with seating capacity of 33 inside and 12 outside. Fully renovated dual commercial kitchen (with industrial dishwasher, large walk-in external fridge and turbo oven), POS hardware system, digital marketing screens and much more as part of the equipment. Equipment is less than 2 years old.

Strong customer base with an extensive and exciting vegan menu. There is something for everyone on the menu.

Run under management with 2 full-time chefs and 12 casual staff, including a manager, and 1 PT kitchen hand. New owners do not need cooking skills or experience.

Trades 7 Days: Mon to Fri 7am - 3pm; Sat & Sun 8am - 3pm.

Solid turnover of approx. $9,000 per week with rent of $3,004 per month including GST for large premises which includes a large upstairs space with 3 rooms and a secure lease of 5x5 which commenced February 2022.

There is huge potential in this business as the location brings a lot of people to the area. New owners could change the menu or add to the menu, or open for dinner on the weekends.

Well worth inspecting as this cafe has been recently renovated and owners have spared no expense in the renovations, this is a turnkey operation.

Ref: B14540

Property Information

Real Estate:

Lease

Lease Terms:

5x5 Commenced 1/2/22

Leasehold Rent:

$36,048 (AUD) per annum

Location:

Excellently located in a busy shopping centre with plenty of parking for customers.

Premises Details:

Well appointed and well equipped cafe with seating capacity of 33 inside and 12 outside. Fully renovated dual commercial kitchen (with industrial dishwasher, large walk-in external fridge and turbo oven), POS hardware system, digital marketing screens and much more as part of the equipment. Equipment is less than 2 years old.

Business Operation

Trading hours:

7 Days: Mon to Fri 7am - 3pm; Sat & Sun 8am - 3pm

Employees:
Under Management; 2 FT Chefs, 12 Casual staff, 1 PT Kitchen Hand
Years established:
8

Other Information

Support & training:

Easy to run- Under Management