Melbourne, Victoria 3000

Restaurant on Prime CBD Corner - $1,450,000 (15360)

For Sale | $1,450,000

Cafe/Coffee Shop Restaurant

Modern restaurant in CBD, on prime corner with high foot traffic and road exposure with takings of approximately $70,000 pw. At over 380sqm, this fully under-management restaurant boasts 3 seating sections, rustic chic design and impressive bay windows with incredible views across Melbourne's city.

About the business:
Great potential to improve the current income streams.

This business currently offers:
• A very popular destination to roughly 400 nearby residents for takeaway services including coffee, lunch & dinner
• Well known breakfast spot awarded Top 5% in Melbourne by TripAdvisor
• Extensive Room Service and chargeback for 2 main CBD Hotels
• Functions including Corporate Events, seating 160 with capacity for 300pax for canape or standing functions
• 2 Liquor Licences: one for the dine-in section and a separate for the Hotel and building's take away alcohol services
• Popular for take-away coffee, selling over 40kg pw

Surrounded by high-rise residential and corporate buildings within the thriving law courts precinct, this business has huge to increase its turnover by pushing catering and functions.

For more information contact Nick Kolaitis from LINK, formerly Klemms on the below:
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au

Business Snapshot

Price: $1,450,000 Lease Options: 10+5 | lease commencement: 1/11/2014 | security deposit: 6 months

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Kristy Kolaitis

LINK, formerly Klemms

Overview

This Cafe/Coffee Shop Business is one of 188 businesses for sale in Melbourne City, Victoria, and one of 23 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 Melbourne City for the asking price of $1,450,000 and is new to the market.