Under Management Cafe In The Block Arcade

$420,000

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 10×10 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 0433582533 or Elle Likopoulos at elle@absolutebb.com.au or 9566 7300 to arrange a private viewing.

Ref B13421

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