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Licensed Cafe Business City Fringe In Cremorne For Sale

Cremorne, Victoria, Australia
Asking Price:
$65,000 (AUD)
Sales Revenue:
$494,000 (AUD)
Cash Flow:
Not applicable

This licensed cafe has an excellent location on the city fringe, close to AAMI Park and MCG. Good mix of commercial and residential apartment blocks in the area.

Large premises with seating capacity of 50 inside and 24 outside in the back with further seating for 6 in the front. Full commercial kitchen with walk in coolroom. There are 3 car parking spaces in the building allocated for the cafe. Equipment is near new and owned outright.

Trading 7 days for breakfast, brunch and lunch, this cafe sells 18kg of coffee per week. Opening hours are Monday - Friday: 7am - 3pm; Sunday & Saturday: 8am - 2pm.

Fully licensed from 7am-7pm - there is potential to increase turnover by opening later particularly on game days.

Turning over an average of $9,500 per week, with rent of $1,500 pw incl. GST, outgoings and utilities. Lease of 2x4x4 commenced August 2021.

Owner works part time in the business with 2 full time and 3 part time staff, which include baristas and chefs. So no cooking experience is necessary.

Well worth an inspection.

If interested, please contact the seller through the form on this page.

Ref: B14126

Property Information

Real Estate:

Lease

Lease Terms:

2x4x4 Commenced 1/8/21

Location:

This licensed cafe has an excellent location on the city fringe, close to AAMI Park and MCG. Good mix of commercial and residential apartment blocks in the area.

Business Operation

Reasons for selling:

Personal

Trading hours:

7 days; Monday - Friday; 7am - 3pm; Sunday & Saturday 8am - 2pm

Employees:
1 PT Owner, 2 FT Staff, 3 PT Staff
Years established:
12

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