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Fully Managed Low Rent Cafe Eastern For Sale

Eastern Suburbs, Victoria, Australia
Asking Price:
$220,000 (AUD)
Turnover:
$728,000 (AUD)
Net Profit:
$100K - $250K (AUD)

- Same owner since 2021, with the business consistently operating fully under management.

- Well-established café located in Melbourne's eastern suburbs, positioned in a residential area along a moderately busy main road with a loyal base of regular customers.

- Low rent of just $577 + GST per week, with a secure long lease more than 15 years remaining.

- Spacious premises offering approximately 60 seats for indoor and outdoor dining areas.

- Well-equipped open kitchen featuring a walk-in cool room, providing a practical setup for efficient operations.

- Excellent opportunity for a hands-on owner-operator to reduce wage expenses and potentially improve profitability.

- Significant potential to expand trading hours, introduce dinner trade to develop additional revenue streams.

- Established customer base, affordable occupancy costs and long-term lease security make this an attractive opportunity for an experienced hospitality operator.


Weekly Average Takings: $14,000

Asking Price: $220,000 + Stock

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business is employee owned (ESOP).