Successful Regional five day Cafe an hour from Melbourne

17 days ago

Private Seller Elli and Ivy

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peter coronica
 

Summary

New 15 year lease with upstairs appartment Very low $300 P/W rent Five days 7am till 3pm. Closed Monday and Tuesday Turnover $14 - $16K 20 Kilos of coffee Huge potential for nights

Revenue

$15,000 pw

Rent

$300 pw

Expenses

$9,500 pw

Net Profit

$5,200 pw

Location Details

73 Grant Street
Prominent wealthy tourist town with a huge mix of regular locals and tourists. Excellent Main street frontage in an outstanding position. Only 1 hour from Melbourne in Victoria's gorgeous high country. Lake eildon, snowfields, wineries all on offer.

Potential

Only 5 day per week business. Enormous potential for 7 days and night. Currently trading ever second Saturday night with bookings stretching 3 months in advance.

Hours

Wednesday to Sunday 7am till 3pm.

Lease

Brand new lease. 15 years (3 by 5 ). Incredible low rent at only $1260 PCM

Employees

3 permanents plus a few casuals

Reason for Sale

After a four year tender The owner has decided to move interstate. After establishing a very successful business it is time for another operator to take this goldmine to the next level.

About the Business

Prominent brunch and lunch cafe. Huge local clientele and enormous tourist trade. Best coffee in town which is express shipped from Melbourne. Very little competition with your own residence upstairs.

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