Under Offer Highly Profitable Middle Eastern Restaurant & Shisha Lounge In The Cbd $595,000 (16800)

Business Sold Melbourne, Victoria 3000

Business Category Cafe and Coffee Shop Restaurant

SOLD

Description

Under Offer Highly Profitable Middle Eastern Restaurant & Shisha Lounge In The Cbd $595,000 (16800)

Known for its excellent Middle Eastern fare, this business is one of the most popular shisha lounges in Melbourne. It has a superb reputation both online and off due to its popularity among both locals and tourists. It's easy to operate and fully managed, making it ideal for ambitious investors who want to reap rewards with minimal effort!

*$30,000 in takings PW
*15 Kg of coffee sold PW
*$450,000 worth of P&E
*$1,000 in UberEats Sales PW
*Fully under management
*Up to 10 years lease (commenced 2022)
*Substantial seating capacity (205 seats)
*4.1/5 on Google (based on 1,000+ reviews)

Nouha Mohtadi and the team at LINK Melbourne is thrilled to introduce a highly profitable Middle-Eastern restaurant and shisha lounge to the market.

It occupies a prime site within the CBD, adjacent to other thriving businesses, public transportation and key suburb amenities. Ample car parking is also in its area, offering customers the convenience of access to its premises.

Its 320 sqm two-story building houses a cafe and dining area, an upstairs shisha lounge, an outside seating area, a commercial kitchen, and ample storage space. It also has high ceilings, which could be converted into a rooftop patio.

Notably, it boasts an exquisite, recently refurbished fit-out with contemporary Middle-Eastern décor. No additional capital outlay is required after settlement, as all assets necessary for running the business will be included in the sale.

Don't miss out on this lucrative business opportunity or be sorry! I'm excited to discuss this offer with you, so please get in touch.

Listing ID: 16800
Broker: Nouha Mohtadi
Phone: XXXXXXXXXX / XXXXXXXXXX
Email: XXXXXXXXXX

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Additional Details

Price: SOLD
State: Victoria
Net Profit: $8,500
Contact Seller

Bsale ID: 611371
Broker REF: 16800.2

Link Business Melbourne