For Sale: $99,000
Fully fit for purpose and ready for trade!
If you’ve been looking to start your own café/restaurant, this may be the perfect opportunity that you’ve been waiting for… And at a fraction of the price!
The premises has an exceptional fit-out, which includes a high-quality commercial kitchen and equipment that well exceeds the $99,000 price tag.
The lease will be assigned as it stands and will expire in February 2023 with a 3-year option until 2026 for the new purchaser.
This opportunity is a steal for the new owner. The owners are prepared to consider all reasonable offers and are highly motivated towards a fast sale.
Great position with shopfront exposure and street parking
Caters to both dine-in and takeaway options
100m2 of floor space catering to 30 seats
Quality Commercial Kitchen and Equipment
Low rental expense of $35,904 PA
Lease expires February 2023 with a 3-year option
Net Revenue: $844,973
Cost of Goods: $169,814
Annual Rent: $35,904
Wages incl Super: $411,473
Net Profit/EBITDA: $149,866
Profit to Working Owner/PEBITDA: $237,866
To enquire on this business and obtain further details, please click on the blue button at the top of the page.