Under Offer Iconic Elwood Cafe Run Fully Under Management $888,000 (16563)

Business Under Offer Elwood, Victoria 3184

Business Category Cafe and Coffee Shop Restaurant

Under Contract / Offer


Under Offer Iconic Elwood Cafe Run Fully Under Management $888,000 (16563)

Located in the beachside suburb of Elwood, this architecturally designed, award winning cafe has a huge local following and has quickly become the go to destination for locals, known for their top quality coffee and innovative meals. Positioned on a busy main road shopping strip only minutes from the beach, the 240sqm premises holds excellent street exposure and is strategically located among all the hustle and bustle. The business sees large rates of passing traffic daily, with takings actually increasing during the summer months as a direct result of a large influx of tourists and beachgoers in the area.

The beautifully fitted site has been extensively equipped, costing in excess of $700,000 and includes a full commercial kitchen, walk in coolroom, a storage cage, a bar, seating for 70 inside and 40 outside, plus much much more.

Key features include:

*Taking $52,000 per week
*Huge coffee sales at 55kgs per week
*Open 7 days per week, 7am-4pm
*Run fully under management
*15 Year lease
*Corner location on a main road shopping strip
*Lots of potential

For more information please contact Gerry Morelli from LINK on the below:

Additional Details

Price: Under Contract / Offer
State: Victoria
Net Profit: $10,000
Contact Seller

Bsale ID: 577561
Broker REF: 16563

Link Business Melbourne
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