Profitable Licensed Cafe Business For Sale Ringwood

3 days ago

Location:
Ringwood East 3135 > Melbourne - Greater > Victoria

Investment level:
$230,000 (Negotiable)

Type:
Business

Industry:
Food & Drink > Coffee, Cafes & Restaurants

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Internal Ref: B12997

Summary

Fantastic cafe - Taking $11,500 pw, rent ONLY $335 pw! - 3x3x3 lease - Liquor License - Great location - TURN KEY business! Call DAMON: 0402 225 989

Revenue

$11,500 pw

Rent

$335 pw

Location Details

Located on a busy street in Ringwood East, shopping strip with parking in front of the business.

Potential

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

Hours

Currently the business trades 7 days and closes at 3:30pm weekdays and 3pm weekends, so relatively short hours!

Lease

3x3x3

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

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