Café for sale in Eltham – beautiful views for your customers.
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Huge opportunity for a great operator to buy this business and build the takings back up to an average of $20,000 + a week.
Due to poor management this Cafe has been run down and awaits a new Vendor.
Eltham has managed to retain many tree-lined streets and leafy reserves. However, the character of the suburb is changing rapidly, with increased road traffic and higher-density housing becoming more common. This Town is only getting busier.
As of the 15th September 2015, there are 2 other cafes for sale in Eltham. One asking $649,000 and the other $720,000. They both do huge takings and the people of Eltham love the Cafe culture.
For a good operator to do his own due diligence and find this Cafe was doing over a million dollars in revenue with past Vendors, and to know this fact will give confidence that this Cafe has HUGE potential to build this Cafe back up to its full potential, at a great buy price.
Hours - Opening at 8am and closing at approx 4.30 pm, great hours to spend evenings with the family.
Lease - 5+5+5 , long lease.
In its hey-day, this business was generating well over $1 million dollars annually!
The current owners bought the business for their son, but unfortunately marriage and a baby put those plans on indefinite hold.
Without the sons expertise, passion and enthusiasm the business has lost focus and lost lots of customers along the way!
It won’t take much to bring this business back to life.
It has one of the best locations in Eltham, a million dollar view, plenty of parking, over 80 seat capacity inside and 100 outside.
It is currently operating as a Café, although its potential is only limited by your imagination – perhaps a Gourmet Burger Joint? (the only one of its kind in a 10km radius?)
As the selling agent, I can identify about 10 simple things that a new buyer could do to instantly turn this business into a gold mine!
This opportunity would suit a husband and wife team, maybe a couple looking for a ‘Tree Change’ to one of the most beautiful areas of Melbourne!
This is a business that you should definitely put on your shortlist as ‘Bargain Opportunity!’
Exclusive listing so no pesty agents please.
For more information QUOTE BSV 0702
- and call Michael on 0400 645 133 NOW !! or submit an enquiry.