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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Australia Businesses For Sale Categories   >>   

Iconic Bridge Road Restaurant For Sale

Location  Australia
Asking Price Range  < $250K
Gross Revenues  $832000
Net Profit / Cash Flow  $832000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1977
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Description  At last! After 36 years of continuous operation, the owner of this iconic cafe/restaurant located on Bridge Road, Richmond has finally decided to retire! It is now for sale! The large cafe restaurant fully equipped with an industrial kitchen features the following: - Average takings of $16,000 per week - Solid lease of 5 x 5 years - Rent of $13,000 per calendar month - Seating for 90 inside and 8 outside - Fully licenced till 1:30 am 7 days a week - High Net Profits Suited as a family run business, to a partnership or an investor, the low asking price of $90,000 is a bargain not to be missed! The cafe has been a feature of Melbourne life over the last 4 decades and awaits fresh, innovative and motivated operators to realise the full potential here and return it to its former glory. Inspection is a must. Genuine buyers should direct their enquiries to Leo Peters on 0448 710 742 or Chris Panagiotidis on 0433 582 533.
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