Under Offer Colombian Restaurant, Brilliant Location, Low Rent

Currently on offer is a priced for immediate sale of a cafe and restaurant that had been recently renovated with a modern fit out. It is located in a busy shopping strip, enabling exposure to high rates of traffic. Currently trading as a successful Colombian Restaurant
*$150,000 worth of plant and equipment
*Newly renovated 223 sqm premises
*50 total seats
*5+5-year lease
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring to the market a priced for immediate sale of a newly renovated cafe and restaurant. The business has thrived at its current location along a busy shopping strip with ample car parking. It is exposed to high rates of passing traffic daily, enabling it to attract many potential customers.
The business is equipped with $150,000 worth of plant and equipment. Its premises has been newly renovated to feature a modern and tidy fit out. The premises feature a full commercial kitchen, which purchasers may utilise to curate an interesting menu that could increase demand for customers.
Total seating within the premises is 50 at full capacity. Purchasers have the option to open in the evenings and introduce a liquor licence to potentially increase takings. The premises are also adequate to host functions to diversify its revenue stream.
A long-term lease agreement commenced in 2019, enabling the business to operate for up to 10 years at its current location. An upstairs area is sub-leased to derive $300 per week to reduce rental costs.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: ME02540
Broker: Nouha Mohtadi
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME02540
Timestamp: XXXXXXXXXX 0003