Highly Profitable Café - SJ1264

7 days ago

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Summary

Ormond, a family-friendly suburb in Melbourne's south, offers a peaceful residential environment. Enjoy a sense of community and convenience. Click here.

About the Business

Popular cafe on a busy main road. Highly profitable and easy to manage with an excellent team in place. 9 years trading history under the current owner.

- Average weekly takings approx. $17,000 per week

- Affordable rent of $1,555 + GST per week, less $438 of sublease income from a 2 bedroom residence currently rented out. Net rental expense for the business $1,117 + GST per week

- Long, secure lease until 2037 made up of 3 year terms

- High net profit

- Excellent Google reviews and rating

- 38 seats inside and 12 outside

- Fully equipped with no finance leases. Full commercial kitchen

- Potential to increase takings by getting a liquor license and doing dinners several nights a week

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