380 Victoria Street, Richmond VIC 3121

$200,000

FABULOUS CAFE IN PRIME LOCATION, RICHMOND – CHEAP RENT INCLUDING UPSTAIRS RESIDE

Phone enquiries - please quote property ID 19810

This café MUST be seen to appreciate. Lovely décor with inside and outside eating (including private alfresco area). Established for more than 3 years with takings ranging from $15,000 - $30,000 per month.

Located in a prime location on a corner with its own building. Currently trades only 6 days per week from 7.00am until 3.00 and serves breakfast and brunch only. This is a huge opportunity for the new owner to expand into lunch and even in the evenings. Possible alchol licence could also be obtained for evening meals. Endless opportunity. The business does around 10kg of coffee per week (and rising).

The premises are leased with a long lease in place (3x3x3). Monthly cost is $4,700 per month including GST and INCLUDES the residence upstairs making this a very attractive business for an owner operator. Upstairs has 3 rooms and its own toilet (note it does not have a kitchen) but the café kitchen can be used.

All equipment is included in the sale and is fully owned. Good coffee machine, induction cooking, toasters etc all in place and in good condition. There is a Barrister and a kitchen hand employed, plus the owner.

The business has a good facebook and social media presence. Also, on the major food websites.

Crompton Coffee is now on the market and note that the selling price is the same as its original purchase price. Current owners have never run a café before with food and have decided that the business is far better off in ‘experienced hands’. Imagine: This business is really only running around 50% of its capacity. It is in a great location and is an excellent opportunity.

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