UNDER CONTRACT! Cafe Bakery | Port Melbourne| $50k pw sales | Huge Cashflow & Profits | Asking $550,000 | AA2266
Asking Price: $550,000 Weekly Sales: $50,000 approx Lease Details: New 5+5+5 year lease commenced Nov 2022 expiring 2037Current Rental $13,333 per month + gst plus outgoingsDouble storey premises - total 300 sq metresAnnual Rent Review = 4% Business Details: New 5+5+5 year lease commenced Nov 2022 expiring 2037Current Rental $13,333 per month + gst plus outgoingsDouble storey premises - total 300 sq metresAnnual Rent Review = 4%UNDER CONTRACT! Internal Seating 22 plus kerbside 20SELLS 55 KGS OF COFFEE WEEKLYExtensive bakery facilities producing pies, pastries, speciality cakes and sandwichesCovid impact minimalCurrent owner has been there 15 yearsRetiring due to ill healthLongstanding history of successful tradingHundreds of reliable regular customersHighly respected business located in the retail heart of Port Melbourne Please contact Business Broker Ahmet Ali onMob. 0400 650 770- to discuss further OR to arrange inspection OR to make an offer.
