Prime Collingwood Cafe For Sale

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Listing ID: 700400421

Listing Title: Prime Collingwood Cafe For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=400421

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: Australia

State / Province:

Area

City: Collingwood

Asking Price Range: < $250K

Gross Revenues: $520,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2012

Number of Employees: 1 - 3

Business Description:
Discover this thriving cafe situated in the vibrant heart of Collingwood, a trendy suburb known for its bustling atmosphere and artistic vibe. Established in 2012 and meticulously operated by the current owners for the past 12 years, this cafe is a prime opportunity for entrepreneurs looking to enter the hospitality industry with a turn-key solution. With weekly takings of $10,000 and high-value equipment worth $250,000, the cafe is set up for continued success. It features a comfortable seating arrangement for 65 inside and 24 outside, plus additional balcony seating with no council fees, all benefiting from its prominent corner location on a main road, ensuring maximum exposure. The business operates five days a week, from Monday to Friday, 6 AM to 2 PM, allowing for a work-life balance that is rare in the industry. The lease offers favourable terms with 5 years remaining since commencement in June 2021, at a reasonable rent of $7,539 per month including GST, and annual outgoings of $5,500. Significant additional benefits include two private car spaces, plenty of storage space and proximity to all-day parking, making it easy for patrons to visit. The owners are selling due to health reasons and retirement plans, presenting an ideal chance for someone to step in and leverage the cafe's established reputation and loyal customer base. For more information, contact Chris at 0433582533 Ref No: B14873



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