CAFE AND BAR - HUGE BARGAIN

A fantastic opportunity to own a cafe and bar with loads of untapped potential at an unbeatable price! 

Turnkey - a fully set up cafe and bar across two levels, approximately 276m² total floor area (cafe being approximately 70m² on the ground floor and street facing, bar on the basement level with a similar square meterage, separate entrance from the back street).

Extensive chattels - a comprehensive range of kitchen equipment, furniture, and fitout – chattel list available upon request.

Liquor and food licence - freshly renewed liquor and food licence expiring October/November 2025.

Prime location - situated in a busy, central suburb with great foot traffic and a loyal local customer base, offering significant growth potential.

Priced to sell - the business was bought in February 2017 for $884,000 including chattels at $403,000 and goodwill of $481,000. Now the owners are willing to sell at $100,000 + GST (if any) to the right purchaser. Due to their personal circumstances, they are looking to achieve a fast sale with this incredible price.

Lease term - very flexible. The landlord is keen to renegotiate a long-term lease with the right tenant.

KEY FEATURES:
• Flexibility to extend lease
• Current rental - $83,000 + GST p.a.
• OPEX - approximately ­$16,941 + GST p.a.

This is a perfect opportunity for someone reasonably experienced to take over a cafe and bar at a bargain price.

Contact the listing agent today.

Agency reference #: 4055752