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Cafe Business In The North West For Sale

Newstead, Victoria, Australia
Asking Price:
$200,000 (AUD)
Sales Revenue:
$650,000 (AUD)
Cash Flow:
Not applicable

This cafe business for sale is located in the town of Newstead, north west of Melbourne. The cafe occupies a corner site with huge exposure on the main road through town.

Established 20 years, this is a beautiful country cafe with a warm and inviting rustic interior and alfresco seating in a tranquil courtyard as well as seating outside the shop.

Very popular with locals and tourists alike, this cafe serves typical cafe fare and excellent coffees and has an average weekly turnover of $12,500.

The cafe has ample seating: there is seating for 40 inside, 30 in the courtyard, 12 in front and 10 on the side.

Owner works with 1 full time staff, 1 part time staff, and 5 casual staff (as needed).

Trades 7 Days: Saturday to Thursday: 8:30am - 3:30pm, Friday: 8:30am - 8pm

Rent for this large cafe is $1,480 per month with a lease of 3x3x3x3 commenced November 2020.

This cafe is fully licenced till 11pm. There is potential for new owners to open for dinner on Saturday nights.

Fantastic opportunity for someone looking for a lifestyle change and looking to move to regional Victoria. This cafe for sale is well worth an inspection.

For more information and to organise an inspection contact Chris Panagiotidis or Elle Likopoulos.

Ref: B14110

Property Information

Real Estate:

Lease

Lease Terms:

3x3x3x3 Commenced 1/11/2020

Location:

This cafe business for sale is located in the town of Newstead, north west of Melbourne. The cafe occupies a corner site with huge exposure on the main road through town.

Business Operation

Reasons for selling:

Retirement

Trading hours:

7 Days: Saturday to Thursday: 8:30am - 3:30pm, Friday: 8:30am - 8pm

Employees:
1 FT Owner, 1 FT Staff, 1 PT Staff, 5 Casual
Years established:
20

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