Location:
Ormond 3204 > Melbourne - Greater > Victoria
Investment level:
$275,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Ormond, a family-friendly suburb in Melbourne's south, offers a peaceful residential environment. Enjoy a sense of community and convenience. Click here.
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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