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Fantastic Busy Cafe In Bendigo For Sale

Bendigo, Victoria
Asking Price:
$120,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$50K - $100K (AUD)

Fantastic busy cafe in Central Victoria in Bendigo. Located in Epsom Village shopping centre with plenty of established customers and passing trade as situated at front of shopping centre. Only cafe in centre and opened Monday to Friday 8am to 5.30 pm, Saturday 8am to 5pm and Sunday 9am to 4pm. Plenty of scope to open for evening trade with liquor license in place. Owner only works 25 hours a week and looking to retire. Cafe been trading with original owner for 11 years when shopping centre opened. All equipment owned except for coffee machine and drink fridge which is leased free of charge.

Property Information

Real Estate:

Lease

Lease Terms:

9 years remaining which can be renewed

Leasehold Rent:

$42,000 (AUD) per annum

Location:

In high growth area and still growing just off main highway

Premises Details:

Shopping centre been opened for 11 years has Chemist Warehouse, Woolworths and Brumbies as main tenants.

Business Operation

Expansion Potential:

Can be open longer hours to extend breakfast trade or be open in the evenings.

Competition / Market:

Only cafe in centre

Reasons for selling:

Owners have run business's for 25 years so are ready to retire

Trading hours:

Monday to Friday 8am to 5.30pm, Saturday 8am to 5pm and Sunday 9am to 4pm.

Employees:
4
Years established:
11 years

Other Information

Support & training:

Manager willing to stay indefinitely which she runs the cafe while owners not there or away. Owners willing to spend time as needed for new buyers.

Contact Information

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