Buy Cafe Melbourne Inner North
Retail - Food/Beverage Businesses for Sale in Melbourne, VIC, Australia
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| Title: | Cafe Melbourne Inner North | |||||||||||
| ID Number: | 9040 | |||||||||||
| State: | Victoria (VIC) | |||||||||||
| City/Town/Suburb: | Melbourne | |||||||||||
| Listing Type: | Businesses | |||||||||||
| Categories: | Retail - Food/Beverage, Small Business - Other, Leisure/Entertainment - Recreation/Sport | |||||||||||
| Description: | Located just on the city edge of Inner North Melbourne The redevelopment Hotel site is surrouded by a variety of offices, businesses and residences surrounding and is well served by ample car parking. The convenient location is popular with the regular clientele who appreciate the ease of parking, ambience, excellent coffee, food and friendly service. THE BUSINESS This cafe has many risk free unique advantages for the new owner, with a 3+ year history of stable business growth and long term employees, it has developed a regular and consistent customer base. The business would suit either a hands-on owner, or can operate under employee management. Substantial growth opportunity exists to increase the business, as has been previously identified. The modern fit-out saves the necessity for any significant expenditure for several years. Located in a beautiful tree-lined street, in a recently refurbished building, in an affluent area with a 11+ year secure tenancy, all add up to a solid foundation for a new owner to build upon. THE OPPORTUNITY Some businesses present an excellent opportunity for a new owner, and this business is one of those. A new owner who proactively focuses on face to face contact with the existing and new clients to drive more sales will find a dramatic increase in sales and profit. Financial records show that when turnover is high, the profit rate is higher, as the fixed costs become as maller proportion of revenue. |
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| Price: | $ 149,000.00 + SAV | |||||||||||
| Stock Value: | $ 5,000.00 | |||||||||||
| Net Profit: | $ 100,000.00 approx | |||||||||||
| Turnover: | $ 365,000.00 | |||||||||||
| Lease Terms: | Long Term Lease With Reasonable Rent | |||||||||||
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