Located on a busy street in Ringwood East, shopping strip with parking in front of the business.
The business currently only trades breakfast and lunch, so an owner looking to incorporate a dinner menu will bring in more trade, while an owner looking to run the business the same as it's being run currently can look to increase public awareness about the business and grow the business naturally
Currently the business trades 7 days and closes at 3:30pm weekdays and 3pm weekends, so relatively short hours!
Reason for Sale
Moving on to other opportunities
About the Business
This licensed cafe business for sale in Ringwood East enjoys a great location on a busy strip of shops. There's little in the way of competition nearby, and the high quality fit-out and excellent reputation that the business currently enjoys offers buyers the opportunity to take over a successful cafe business and make money from day one!
- Currently taking around $11,500 per week - Extremely low rent around $335 per week! - 3x3x3 Lease in place - Licensed for 40 patrons till 11pm - Trading breakfast and lunch only, no evening currently! - Serving 25-30kg coffee per week - Excellent full commercial kitchen
The business is perfect for buyers looking to buy a business with a good reputation, a reliable customer base, and some potential still left untapped. A new owner who adds a dinner trade to the business will certainly boost their income quickly.
Any way you look at it, the low rent and low expenses for the business mean that the owner makes great profits from the turnover. Buyers looking for a good cafe should take a hard look at this one!
For more information on this excellent cafe business opportunity, please contact senior business broker Damon Ambatzis on 0402 225 989