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Deli And Cafe Business In Bayside For Sale

Bayside, Victoria, Australia
Asking Price:
$250K - $500K (AUD)
Sales Revenue:
$740,000 (AUD)
Cash Flow:
Not applicable

This delicatessen and cafe have been serving the locals in this affluent Bayside community for 29 years. It specialises in quality take home meals, a variety of cured meats, a selection of antipasto, a wide range of delicious cheese, pate, pies, dips, and terrines. It is well known in the area for its delicious sandwiches and soups and does a busy lunch time trade. Also caters for small to large events. Christmas food orders are a huge feature for this business.

Enjoys an excellent location at the intersection of 2 main roads in the area, within walking distance of 2 large schools and close by to the beach. This location makes it super easy and convenient for parents to buy take home meals, lunches, or coffee at school drop off or pick up.

The deli/cafe has seating capacity for 12 inside and a further 12 outside.

There is also a 2 bedroom house behind the shop which is currently used for storage but can be rented out to offset costs.

Trades 6 Days: Monday to Friday 7:30am to 6pm and Saturday 8:30am to 2pm.

The owners work in the deli with 4 casual staff, as needed.

This deli has an average annual turnover of $740,000, with rent of $1,000 per week. Lease of 5x5x5 commenced in November 2019.

Ref: B14007

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5 Commenced 1/11/2019

Location:

Enjoys an excellent location at the intersection of 2 main roads in the area, within walking distance of 2 large schools and close by to the beach. This location makes it super easy and convenient for parents to buy take home meals, lunches, or coffee at school drop off or pick up.

Business Operation

Reasons for selling:

Moving overseas

Trading hours:

6 Days: Monday - Friday 7:30am- 6pm and Saturday 8:30am-2pm

Employees:
2 FT Owners, 4 Casual Staff
Years established:
29

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