Opportunities to acquire a fully managed, licensed hospitality business of this quality in Point Chevalier are exceptionally rare.
This established cafe and bistro has traded from the same much loved Point Chevalier location for over eight years, building a loyal local following across all day food, great coffee, wine and relaxed evening dining and a strong reputation among its loyal local customer base. The business is operated under management, with an experienced team in place. This provides a genuine turnkey opportunity for all types of buyers.
Business Highlights
• Weekly Sales of $27,114 incl. GST
• SDE of $266K
• Prime, tightly held Point Chevalier location, fully licensed
• Over eight years of successful trading with loyal local clientele
• Strong management structure - General Manager and Head Chef in place, minimal owner involvement
• Secure lease with rights of renewal through to June 2037 - genuine long-term security of tenure
• Total occupancy costs (rent + outgoings) approximately 4% of turnover
• Low combined annual rent and OPEX of $53,633 + GST
Businesses of this calibre rarely become available in the Point Chevalier area. Get in quick!
Price $795,000 + stock
Contact Jeff - 021 555 384 or Mike - 027 480 8126.
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