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ESTABLISHED LICENSED CAFE – MALVERN EAST

ESTABLISHED LICENSED CAFE – MALVERN EAST

Great profit – Strong Sales – Top location

This iconic licensed venue has everyone covered. Known to its locals as an on-trend cafe by day and transforming into a cosy restaurant by night. Pumping out over 30kg of Padre coffee a week to its regulars along with hundreds of their signature brioche sandwiches, the menu also includes all the usual café suspects of eggs on toast, smashed avo, bircher muesli and salads by day, to delicious charcuterie boards, tapas, pizza and pasta dishes at night.

The café interior is homely, with Scandinavian feel of timber, white walls and greenery. It has a large covered industrial-style courtyard, equipped with huge communal concrete tables and stools – perfect for diners of all ages.
An inspection is guaranteed to impress – Call Michael 0423 287 048 TODAY!

BUSINESS HIGHLIGHTS:
30 kg coffee per week
Current Winter sales $17,500 p.w up to $24,000 p.w over Spring & Summer
Average net profit $3,000 per week over 12 months
Café seats 40 inside, 20 footpath seating & 40 in rear undercover courtyard
Fantastic location in Malvern East in a high foot traffic area
On-trend modern café setup with pizza oven in rear courtyard
Only 18 months old with over $200,000 spent on fitout

BUSINESS STRENGTHS:
Open 7 days for breakfast & lunch (+ Fri & Sat night)
Easy to operate café with potential to increase functions
Under semi management (owner does 25 hrs per week)
Café & Restaurant liquor licence until 11pm – 7 days
All equipment fully owned and included in the sale
Fully equipped commercial kitchen
Great parking out front and surrounding side streets

LEASE AND RENT:

Commencement date: 1 December 2015
Term: Three (3) years
Further terms: One (1) further term of 3.5 years (extra lease available to suitable purchasers)
Current rent: $760 p.w + GST & Outgoings
Rent reviews: 2% p.a
Lettable area: 125m2

ASKING PRICE $325,000 + Stock

To inspect CALL Michael 0423 287 048

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