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SE Asian Cafe Restaurant (Eat-In or Takeaway) in top location

Cafes And Restaurants , Food, Hospitality And Accommodation, Sales below $1m, Cafes And Restaurants

Melbourne, VIC 14 Views

Asking Price $125,000 for 100 %

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SALE OR INVESTMENT DETAILS

  • $416,000 Gross Sales per annum
  • $110,000 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Reference ID: 20828991

Highlights

  • SE Asian Cafe Restaurant (Eat-In or Takeaway) in top location
  • Run under management
  • Situated next to a metropolitan train station
  • Long lease and low rental

Executive Summary

This popular inner suburban cafe and restaurant serves authentic cuisines and street food from Malaysia, Singapore and Indonesia.


Location Details

Located in Inner Melbourne suburb (20 mins from the city fringe) in a shopping centre village next to the railway station. This business is surrounded by professional offices, general store, Australia Post, Newsagent, Pharmacy, Gift Shop and more.


Skills

This exceptional business is easy to manage and would be suitable for a couple or a partner.  The business is currently run under management.


Lease

Long lease available and very reasonable rental for the area.

About the Business

Highlights

- Easy to manage - currently run under management as the owner has another business

- Situated next to a metropolitan train station

- Plenty of parking in this business precinct

- Regular local customers and train commuters

- Closed on Sundays

- Not a cent to spend on the premises  nice and neat set up

- Long lease and low rental


For more information on this opportunity, please contact:


James Tan

Business Sales Specialist

Mentored Business Sales, Corporate Business Sales & Acquisitions

M: 0433 433 800   T: 1800 858 696 E: jtan@mentored.com.au


Disclaimer: 

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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