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Highly Profitable Café - Sj1264 In Ormond For Sale

Ormond, Victoria, Australia
Asking Price:
$199,000 (AUD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Popular cafe on a busy main road. Highly profitable and easy to manage with an excellent team in place. 8 years trading history under the current owner.

• Average weekly takings approx. $17,000 per week
• Affordable rent of $1,555 + GST per week, less $438 of sublease income from a 2 bedroom residence currently rented out. Net rental expense for the business $1,117 + GST per week
• New 15 year lease made up of three year options
• Very high net profit
• Excellent Google reviews and rating
• 38 seats inside and 12 outside
• Fully equipped with no finance leases. Full commercial kitchen
• Can easily be run under management with the current team
• Potential to increase takings by getting a liquor license and doing dinners several nights a week

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