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Cafe And Coffee Shop For Sale in Burwood Melbourne VIC

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Licensed Cafe For Sale Near A University

Location:Burwood, Melbourne, Victoria

Category:Cafe and Coffee Shop, Food, Restaurant

Asking Price:$148,000 + SAV

148000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Licensed Cafe For Sale Near A University
  • Licensed Cafe For Sale Near A University
  • Licensed Cafe For Sale Near A University
  • Licensed Cafe For Sale Near A University
  • Licensed Cafe For Sale Near A University
  • Licensed Cafe For Sale Near A University
  • Licensed Cafe For Sale Near A University

Business description

Business Key Points:

- Good Solid takings with multiple income streams

- Daytime trading for 6 days. (Short hours)

- 4 Nights only 6:00 pm – 10:00 pm (Short hours)

- Liquor license in place covering both inside and outside (200 capaicty)

- Great location - within walking distance to a major University

- Long established and well-known Café – Restaurant - Bar

- Very low rent for the area and size of the business

- Long 3x3x3x3 lease in place

- Only operating 48 Weeks of the year, leaving ample growth opportunity

This long established and fully licensed café for sale is located within walking distance from a major University.

The excellent food, quality wines, impeccable service and a friendly atmosphere make this iconic café/restaurant a favorite amongst the locals. It has approximately 80 seating capacity, liquor license for up to 200 people and a full commercial kitchen. This is a gem worth looking into.

It currently transforms between a cafe in the daytime and restaurant in the evening, thus allowing this business to cater for both casual catch-ups in the day and fine-dining at night. It currently operates for 6 days (Fairly short hours) as a café and 4 nights as a restaurant bar.

The décor features an indoor dining area as well as a beautiful courtyard garden area. In the garden there is also a large gazebo that can be closed up during the colder winter months to increase the indoor seating capacity whilst still maintaining a relax garden atmosphere.

This is a great café for sale with an element of restaurant and a bar already in place.

There is ample parking available in the area and the near corner location provides great visible exposure to the busy road traffic.

The vendors feel now that it is time for them to retire and have a well deserved break after 13 years in this business.

If you are a serious buyer looking for a well established opportunity with room to grow, then call Phil Booysen on [Phone Number Censored] or Lynn Mu on [Phone Number Censored] NOW to inspect.

Other Information

  • Is Business Relocatable?: no
  • Is Business Home Based?: no
  • Real Estate: Busy main road with ample parking and supporting businesses. Close to a major University
  • Expansion: Short daytime hours and only 4 nights leaves ample room to grow
  • Years Established: 13 years with current owners.
  • Employees: 2 part time owners, 4 Full time staff and 1 Casual Staff as needed
  • Trading Hours: 6 days and 4 nights Mon: Closed Tue: 10:30 am – 3:00 pm Wed – Fri: 10:30 am – 3:00 pm and 6:00pm – 10:00pm Sat: 8:30 am – 3:00 pm and 6pm – 10pm Sun: 8:30 am – 3:00 pm
  • Support Training: Can be provided
  • Reason For Selling: Retirement
  • Lease Terms: 3x3x3x3
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