Prime Northern Cafe / Bar Opportunity
Location Australia
Asking Price Range $250K - $500K
Gross Revenues $936000
Net Profit / Cash Flow $156000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description This bustling cafe/bar enjoys a prime location on the busiest road in this northern suburb. With inside seating for 50 and an additional 30 seats outside, this thriving business turns over $18,000 per week with fantastic net profits. Using 30kg of coffee per week, the spacious premises also offers a full commercial kitchen including a 6 burner stove with oven, double frying machine and double hot plate. Established for 12 years, the business is currently semi-managed so could easily be converted to full management by a savvy investor, or pocket more of the profits by running it yourself. Either way the benefits are immense, and there is plenty of potential for further growth in the right hands. What's on offer here is a well set up business that practically runs itself, with a long lease of 3x3x3 for a fantastic location, and a solid customer base already in place. Vendor must sell so any serious offer will be considered. Call Petros on 0416 000 154 to find out more today!
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