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LICENSED CAFE & BAR

Ringwood 3134
$680,000 + Stock

Description

This outstanding business has it all, fully licensed cafe, bar and events in a fantastic location. This cafe is one of the leaders in the Ringwood area with spectacular vistas and an impressive menu, delicious coffee, boutique craft beers and local wines. This venue is a favourite with a diverse age demographic.

The cafe is open 7 days from 7am to 4pm and is fully licensed to 1am making it ideal for functions and events after hours. There is plenty of seating options both indoors and outdoors. The venue has a clean and well-presented look and despite its relatively hidden facade, it is teeming with customers and is the place to be seen in Ringwood any day of the week.

You’re in for a real treat with this business. Call Michael to INSPECT on 0423 287 048.

BUSINESS HIGHLIGHTS:

  • Average weekly sales $22,000 + additional $2,000 a week in functions
  • Net profit $5,000 a week
  • Under FULL management with a GREAT team in place
  • 35kg coffee a week
  • Open 7 days for Breakfast & Lunch
  • Fully Licensed until 1am
  • Unbeatable location with spectacular views
  • Seats 90 inside & 50 outside
  • Venue is used as function space at nights with multiple events confirmed for 2020
  • 9 years remaining on the lease and current rent: $752 + GST a week
  • All equipment in excellent condition and includes full cloud based POS
  • Great sized commercial kitchen with cool room, freezer and grease trap
  • Full financials available to qualified buyers following inspection
  • Plenty of free parking surrounding the venue

ASKING PRICE $680,000 + Stock 

Call MICHAEL today on 0423 287 048

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  • Ringwood 3134, Melbourne, Australia
Michael Dillon
Michael Dillon
0423 287 048
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