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LICENSED  CAFE – RINGWOOD

Ringwood 3134
$250,000 - $300,000

Description

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 commercial 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

  • Ringwood 3134, Melbourne, Australia
Nick Gazeas
Nick Gazeas
0419 589 852
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