Cafe For Sale - Under Management – Hampton, Vic

Business ID: XB159101

Turnkey Cafe with Growth Potential

The current owner has successfully operated the business for 8 years. Managed by the staff, this cafe is situated in a prime location with excellent growth prospects. It's an ideal opportunity to extend trading hours and introduce a dinner service! With numerous new apartments being built nearby, the area is set to see increased foot traffic and revenue.

BUSINESS HIGHLIGHTS:

- Huge entertaining Courtyard Cafe in the heart of bustling street

- Weekly Revenue $25k average.

- Reasonable rent of approx. $8k a month

- Profit to the owner approx. $25k monthly

- Secure long lease in place until September 2032

- High-traffic location - directly opposite railway station

- Fully managed business with owners providing back-office support

- All equipment owned except coffee machine.

- Trading hours can be extended till 11pm

- Perfect for an owner-operator

A renowned Bayside Cafe/Bar, this venue boasts one of the most relaxing courtyard experiences in Melbourne! With a laid-back atmosphere and ample offerings, it operates seven days a week, serving all-day breakfast and lunch. Situated in one of Melbourne's most affluent suburbs, now is the perfect time to purchase and expand this fantastic venue!

PRICE: $290,000 + SAV

Property Code: 4006