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Cafe With Courtyard And Potential In Preston For Sale

Preston, Victoria, Australia
Asking Price:
$65,000 (AUD)
Sales Revenue:
$286,000 (AUD)
Cash Flow:
Available on request

This cafe business for sale is located on a busy main road in Preston. Very easily accessible by public transport and surrounded by supporting businesses and large residential area.

The well-appointed cafe has seating for 35 inside and 6 outside, as well as seating for 14 in a covered courtyard.

There is a kitchen so simple meals can be prepared and new owners can add to the menu or change the menu.

Currently trading 5 Days - Tuesday to Saturday 8am to 3pm for breakfast and lunch. And selling 12kg of coffee per week. There is a lot of potential for new owners to trade more days and longer hours and offer evening meals, as the kitchen will allow for the cooking of dinner type meals.

Owner works with 4 casual staff.

Turning over approx. $286,000 per annum with rent of $2,150 per month including GST. Secure lease of 3x3x3 commenced in October 2021.

Well worth an inspection.

If you are interested in the opportunity, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

Secure lease of 3x3x3 commenced in October 2021

Leasehold Rent:

$25,800 (AUD) per annum

Location:

Located on a busy main road in Preston. Very easily accessible by public transport and surrounded by supporting businesses and large residential area.

Premises Details:

Cafe has seating for 35 inside and 6 outside, as well as seating for 14 in a covered courtyard.

Business Operation

Expansion Potential:

There is a lot of potential for new owners to trade more days and longer hours and offer evening meals.

Reasons for selling:

Family

Trading hours:

5 Days: Tues - Sat 8am-3pm 

Employees:
1 FT Owner, 4 Casual Staff
Years established:
2

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