Absolute Business Brokers Phone : 03 9566 **** Chris Panagiotidis
03 95 ****

Under Management Cafe In The Block Arcade

Listing Id : 255852

Location : Victoria - Melbourne -Melbourne

Category : Cafe and Coffee Shop, Takeaway Food, Restaurant

Asking Price : 420,000

Business description

This cafe is located in one of Melbourne's most exclusive and highest foot traffic area- the Block Arcade on Little Collins Street.


Seating almost 100 patrons (inside and out) with liquor license until 11pm and a huge capacity for growth during dinner trade. Current turnover average per week of $35,000 mainly with breakfast and lunch and over 40 kg per coffee consumption per week.


Investors, please take note- this highly successful cafe is run by experienced staff so do not feel intimidated to enquire as the passive income is huge!


Very long lease in place with original 10x10 years to transfer.


The cafe boasts plenty of storage space, commercial kitchen and cool room to ensure plenty of room to further grow or maintain at a very comfortable level.


Please do not hesitate to contact Senior Business Broker Chris Panagiotidis today on**** **** or Elle Likopoulos at elle@absolutebb.com.au or 9566 7300 to arrange a private viewing.

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