Address available on request,
Ivanhoe East, VIC 3079

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Cafe in premium location Ivanhoe – Regretful sale but great opportunity for YOU "Business Sale"

Restore to its former glory
High growth potential
Here is your change to make some $$$

Here an opportunity to purchase this long term established Cafe business priced well below plant replacement cost and take it to a new level.

Business is not currently utilising the fully equipped kitchen and is only serving coffee, cakes and pre made food.

Huge opportunity to introduce breakfast and lunches with the commercial kitchen available.

Takings approx. $6,500 pw
Lease: 4 x 5 x 5
Rent: $655 per week + GST
Coffee 25kgs per week
Currently trading short hours
Licensed until 11pm

With enthusiasm and hard work there is a terrific amount of potential offering a known brand and well maintained plant, a couple could really kick some goals here by adding catering services and on site events catering.

Business Features:
• Fully equipped kitchen
• High quality cafe
• Alfresco dining
• Large bifold entry doors, great for summer
• Modern fit out
• Licensed premises
• Take it back to its previous days with high growth potential
• Upper class suburb in prime location

For more information, please contact Seb Tantuccio on 0421 881 795 or email seb@creg.property

Commercial Real Estate Group – Setting the standards others follow!

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Ivanhoe East, 3079 demographic data

The median household income for Ivanhoe East is $2,977, 57% higher than Greater Melbourne's household income of $1,901. Ivanhoe East has an older age profile compared to the rest of Greater Melbourne (median age 45 vs 37). Property ownership data shows 43% of property owners in Ivanhoe East have a mortgage.

3,762

Population

$2,977 per week

Median household income

45 years

Median age

Owners

Most residents

Families

Most households

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