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South East Melbourne Gem- Established Cafe Business For Sale

Murrumbeena, Victoria, Australia
Asking Price:
On request
Sales Revenue:
$700,000 (AUD)
Cash Flow:
Not applicable

**MUST SELL - All offers considered**

This is an opportunity to enter one of Melbourne's South East most popular strips, a highly sought after location that is sure to spark the attention of all savvy investors.

Established for over a decade, this cafe comes with a full team of staff to support the lucky new owner and consistent turnover of over $700,000 per year.

Fully equipped with a commercial kitchen, including German commercial baker's oven and equipment able to support production of cakes and bakery goods. Not only does the business offer simple cafe savoury menu and sweets, it also has a European retail section and cafe with liqour license.

Included are all the recipes, supplier contacts and the owner is willing to provide full assistance and hand over, to ensure new owners have a seamless take over, to continue the success of the business, as well as supporting new relationship with staff.

You do not need to be a chef or have patisserie experience, there is a staff member who knows all of the recipes as well as staff for front of house.

Rent for this prime location is one of the best in the strip and includes a dwelling upstairs, with seperate entry that has been securely sublet for almost 4 years with good tenants.

Owner must sell due to serious health issues and will consider all formal offers submitted.

Serious inquiries only. Confidentiality agreement required for financial disclosures.

Ref: B14660

Property Information

Real Estate:

Lease

Lease Terms:

5 Years commencing 1st August 2020 - LANDLORD HAPPY FOR FURTHER TERMS TO BE NEGOTIATED

Location:

This is an opportunity to enter one of Melbourne's South East most popular strips, a highly sought after location that is sure to spark the attention of all savvy investors.

Premises Details:

Rent for this prime location is one of the best in the strip and includes a dwelling upstairs, with seperate entry that has been securely sublet for almost 4 years with good tenants.

Business Operation

Reasons for selling:

Retirement

Trading hours:

7 days - 8am - 7pm