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Cafe & Coffee Shop business for sale in Ringwood

  • Cafe & Coffee Shop
  • Ringwood VIC 3134
  • $250,000 - $300,000 (GST na)

Licensed Cafe Ringwood

This local favourite in the heart of Ringwood is an ideal opportunity for any hospitality professional. Located only a stones throw from two major school communities, this stand alone business is surrounded by residential neighbours allowing it to remain profitable throughout all stages of the COVID-19 restrictions.

The cafe showcases polished concrete floors, timber tables & chairs, plus a large display fridge filled with delicious muffins, biscuits, slices and lots of grab & go sandwich options. The cafe has seating inside for 31 plus a huge seating area outside for 40+, a full com-mercial kitchen and the all-important coffee machine is constantly busy pumping out over 20kg of coffee per week.

The hard work has been done on this cafe, with the current vendors building the sales from nothing to $14,000 a week and growing + securing a strong lease with a great rent at only $761 a week including the 4 bedroom house. This is a genuine golden opportunity for one lucky purchaser to buy a well-established cafe in a booming suburb and turn it into something extraordinary. With so much potential yet to be explored, such as extend trade hours, add catering and utilise the liquor licence and the list goes on. This cafe has been a great money maker to the current vendors and it's ready for the next owners to take the café to its next level of success.

Call Nick 0419 589 852 to arrange your inspection.

BUSINESS HIGHLIGHTS:
Weekly sales of $14,000 and profitable
20+kg coffee a week
Great simple high profit menu and easy to operate cafe
Rent - $761.25 pw, which includes an attached 4 bedroom house
Secure 9 (3+3+3) year lease
Currently licensed for 31 seats inside (+ 40 outside)
All equipment in excellent condition
Recent refit completed with over $100,000 spent on upgrade
Great location in Ringwood
Fully licensed 7 days
Currently trading Monday - Friday 7am-3pm, Saturday 7am-2pm and Sunday 8am-12pm with potential to extend
4.6 rating on Google

PRICE RANGE: $250,000 - $300,000
Call Nick 0419 589 852

https://www.justbusinessbrokers.com/listing/licensed-cafe-ringwood-forsale/

Nick Gazeas
Just Business Brokers Melbourne
Nick Gazeas
Just Business Brokers Melbourne

Business Highlights

Business ID2016926428
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Last updated  11 Apr 2021
Map for Ringwood VIC 3134
Map for Ringwood VIC 3134Ringwood VIC 3134
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Nick Gazeas
Just Business Brokers Melbourne
Nick Gazeas
Just Business Brokers Melbourne

Business Highlights

Business ID2016926428
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  11 Apr 2021
Just Business Brokers Melbourne
281 Lygon Street Brunswick East VIC 3057
Nick Gazeas
Just Business Brokers Melbourne
Nick Gazeas
Just Business Brokers Melbourne

Ask Nick Gazeas about this business

Nick Gazeas

Nick Gazeas

Just Business Brokers Melbourne

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0419 589 852
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