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For sale is well established café bar in a bayside suburb of Melbourne.
Situated on Nepean Highway, directly opposite the beach this business is taking $21,000pw and will comfortably trial on $19,000pw.
Open 6.5 days business is fully under – management and shows good net profit.
Rent is $830pw and currently there is a 5 x 5 lease. Purchases / Expenses: $4,500pw, Elec $1300pm, Gas $400pm, Water $400p3m and Council is $1,200pa.
There is also Body Corp of $900pa.
Working in the business are 2 chefs and 5 part time staff. Wages are $3,600pw.
Sells 12Kgs coffee pw and this increases through the summer period.
Seats 50 inside and 25 outside, has a full commercial kitchen.
Menu offers customers a variety of café specialties such as steaks, parmas, desserts, salads, some pastries etc. Inside is a new and inviting setup well suited to the area. Menu log, delivery $6,000pw and has a liquor license till 11.30pm with beer on tap.
Fantastic online presence with great reviews.
Ideal location and perfect time to buy with summer around the corner. Great opportunity to get a kick-start in the business.
Owner looking to sell quickly.
Asking price is $340,000 ONO
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