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

Elwood, Victoria 3184

SOLD

Key Features

AI generated. Contact seller to confirm.

Taking $52,000 per week
Huge coffee sales at 55kgs per week
Open 7 days per week
Run fully under management
Corner location on a main road
Lots of potential

Turnover: $2,704,000
Net Profit: Not disclosed
Rent/Lease: 15 Year lease
Stock Value: Included
Established: Not disclosed

Business Details

Business Category Cafe Restaurant

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:
Phone: XXXXXXXXXX
Email: XXXXXXXXXX