Price
$98,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Category
Services
Listing #
12608
Licensed cafe and function room. This cafe was once the Toast of the Terrace providing a brilliant atmosphere for morning coffee, afternoon lunches, wine and light meals in the evening, and plenty of brilliant local catering and on site functions. This cafe had it all ! Current owners have to return overseas leaving this cafe available for an enthusiastic and passionate operator to fire it right back up to it’s previous glory. Some clever marketing and menu changes and you’ll be in the clover in no time. Going for a VERY reasonable price.
UPDATE
A major office block two doors from this cafe has just been purchased by a developer who will be converting it into 240 beds for Victoria University. This cafe is the closest licensed premises. Imagine the potential !! This cafe will be a gold mine!!!
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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