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Refer to Broker
This high profile, popular, long-established, fully licensed café/restaurant enjoys a busy corner location on a busy street in a very desirable central suburb. It has served the current owners well over the years and it is now time for a new owner with a fresh perspective to carry on the good work and make it even better!
Weekly sales are over $13,000 per week, the operating hours are reasonable, the customers are mainly local, the ambience is inviting and the term of lease is one of the best we have seen!
The business is amazingly enduring and will suit a wide range of buyer expectations as it has the potential to be improved in the hands of a motivated operator as well as having the ability to be run under management.
So, if you have a passion for customer service, great coffee, tasty food and working in a relaxed environment in a better area this could be perfect for you. On the other hand, if you are keen to run a cafe/restaurant that doesn’t require all your time then this could be ideal.
Asking only $328,000 plus stock (about $10,000)
Call now to find out more!
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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