Malvern, Victoria 3144

Highly Profitable Cafe In A Prestigious Area. ONLY $439,000 (13700)

For Sale | $439,000

Cafe/Coffee Shop

This well known cafe is strategically located on a busy shopping strip in the heart of Malvern. Positioned among many key outlets including supermarkets, banks, and restaurants, the business has huge street exposure and sees lots of passing foot traffic daily. The area has become the local dining and shopping precinct within the affluent, sought after suburb.

Set up to perfection, the fully licenced, 130sqm premises is fitted with a set up costing in excess of $500,000 including a full commercial kitchen, and seating for 100 in and out.

The cafe is simple to operate, with all processes and procedures already in place, and is ready and waiting for a fresh new owner to come in and take it to the next level.

Key features of the business include:

*Taking $21,000 per week
*Run fully under management
*Situated at the entrance to a busy apartment building
*Amazing fit out
*Sells 30kgs of coffee per week
*Open 7 days per week, short hours
*Affordable Rent at $1,057 per week
*Huge profits
*Lots of potential to increase takings through the introduction of delivery services and catering
*Inspection is a MUST!

For more information contact Jad Naddaf from LINK, formerly Klemms on the below:
Phone: 0412 554 466
Email: jad.naddaf@linkbusiness.com.au

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Business Snapshot

Price: $439,000 Lease Options: 4+5 | Lease commencement: 15/03/19 | BIC - $240 p/w but owner pays nothing as they clean the toilets instead

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Jad Naddaf

LINK, formerly Klemms

Overview

This Cafe/Coffee Shop Business is one of 63 businesses for sale in Hawthorn, Victoria, and one of 16 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 $439,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..