Lygon Street Licensed Cafe For Sale | Brunswick

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$149,000 + SAV

Lygon Street Licensed Cafe For Sale / Brunswick

It’s in a great location on one of Melbourne’s most famous streets. And it’s pretty new. So this cafe for sale will come into its own under your ownership.  With rent well below market, this is a very inexpensive way to acquire a presence in an area famed for its food and coffee.

 

Beautifully Presented…

Built by the landlord, this café for sale is finished to a very high standard. Exposed brick and concrete are used to great effect to achieve a post-modern industrial look. And this is softened by festoons of rope.

The fit-out cost more than $250,000.  So, with everything still near new, the asking price is a bargain.

All equipment, with the exception of the coffee machine, is owned outright.

Currently under management, this licensed café has very low rent of just $769 per week! That’s well below market.  And the landlord, who is the vendor, is happy to offer a new long and favourable lease.

 

A Great Future Ahead…

There’s lots of redevelopment in the area, including a major residential redevelopment right across the street.  And, because of where it is, an appealing menu will soon have new advocates for this cute little café/restaurant. You’ll have them queuing up the street!

While there are burger bars, chicken shops and famous pizza bars near by, there are no cafes making this primed for success.

The current turnover from dinner only, averages approximately $12,000 per week.  But under an owner/operator’s management, this will climb.  So this café will be capable of generating $20,000+ per week consistently.

 

FOR SALE:  $149,000 + SAV

But hey, don’t just dream about it.  Do something about it!

Click on the FIND OUT MORE icon, call the exclusive broker, Michael Parthenides on 0425 832 986,

or send an email to mp@benchmarkbusiness.com.au

Benchmark Business Sales & Valuations

 

To see Michael’s other listings, click here

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Find Out More About This Business

Michael Parthenides

Business broker Michael Parthenides

Benchmark Business Sales & Valuations business broker Michael Parthenides sells business in Melbourne. Contact Michael to sell your business today.

business_profit Price $149,000 + SAV business_adress Location Brunswick VIC 3056, Australia business_industry Industry Hospitality business_id Listing Number b20040924

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