Malvern, Victoria 3144

Cafe 3 pm close $29000 WIWO PBA

For Sale | $29,000

Cafe/Coffee Shop

Located close to the suburb of Malvern
Well exposed along the main road.
This cafe complete with a commercial kitchen is a subtenant of a huge beauty salon and occupying the front end of the shop and enjoys the captive market within.
80% of the business is done between 8 a.m to 11 a.m and comes mainly from the salon and the gym nearby.
Currently only serving simple beverages, cakes, and wraps.
Trades from 7 a.m to 3 p.m and taking about $3500.
Rent is $700 per week but vendor indicates a reduction of rent to about $400 for an experienced operator and the lease is 3+5.
The current operator is inexperienced and has only been in there for 10 months.
There is potential to tap the off-street, morning and lunch trade through the offer of improved cuisines and cooked food.
This business is also underdeveloped mainly the cafe is obscured from the outside and overshadowed by the salon and needs to be fixed.
Goes through 14 kg of coffee in colder months and about 18 kg in summer.
Seating capacity: 25 inside and 9 outside.
Price: $29000 neg WIWO + SAV
Contact agent Kenny on 0416116601 for details.

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Kenny Koh

Business Brokers Network

Overview

This Cafe/Coffee Shop Business is one of 90 businesses for sale in Hawthorn, Victoria, and one of 20 Cafe/Coffee Shop Businesses in this region that a business for sale currently has on offer. This Cafe/Coffee Shop Business is for sale in Hawthorn for the asking price of $29,000 and is new to the market.