Unique Café Restaurant With Huge Tourist Appeal (jasw0043)

Business For Sale Olinda, Victoria 3788

Business Category Alcohol Liquor Shop Cafe and Coffee Shop Takeaway Food

$399,000 plus SAV

Description

Unique Café Restaurant With Huge Tourist Appeal (jasw0043)

This very stylish and inviting café/restaurant is situated in the heart of one of Melbourne’s premier day-tripper and tourist destinations. Boasting a distinctively warm atmosphere, appealing menu and with a heritage story to tell, it has decades of trading performance already behind it.

Fully licenced and with a knowledgeable and loyal staff, it draws customers year-round who come for the cosy setting made even more appealing by the ever-present local wildlife in the surrounding gardens.

Demonstrating a regular weekly revenue of over $21,000 for 6 days trading, No nights and rent of $650pw with a corresponding solid net profit, this is an ideal family or partnership business with or without prior hospitality experience. Its long lease, with a buy-out option for its self-standing building, adds to its investment appeal.

With extensive recent investment in renovations and improvements, all fully paid for, this business is now ready for its next chapter with no residual debt and lots of tax write-offs.

Priced to sell at $399,000 (plus SAV). Offers Invited.

For more information, contact Jack Sleiman, Wollermann Business Brokers, on
XXXXXXXXXX or XXXXXXXXXX .
Email: XXXXXXXXXX
Contact Seller
Jack Sleiman

Bsale ID: 643545
Broker REF: 7003

Wollermann Business Brokers
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