220-230 Canterbury Road, Bayswater VIC

For Sale

Food/Hospitality

$170,000

Phone enquiries - please quote property ID 23390

This is a great opportunity to purchase a busy cafe in a prime position in Bayswater. Situated in the ‘Spotlight Centre’ with huge foot traffic and consistent new and regular customers coming in for a coffee, cake and/or food. This business has been established for over 15 years, of which the current owner was originally a staff member, then decided to buy the business as it was so good. That was 5 years ago and has built the business even further.

* Prime position at the entrance of the Spotlight Centre
* Seats approximately 60 people (inside and out)
* Long customer loyalty following with regular customers
* Some catering for local corporate businesses
* Averages 25 kg coffee p.w.
* No cooking required
* Easy to run business

The business trades 7 days per week. It is a profitable business with further scope. There are two loyal permanent part-time staff along with a couple of casuals.

The premises are leased with a 5 year lease in place (recently renewed). Spotlight management reserve the right to renew the lease every 5 years.

Selling on a walk-in-walk out basis which includes all fixtures, fittings and equipment (nothing is leased). Items include:-

* Coffee Machine
* All built in fridges
* 2 x refrigerated display fridges
* 4 Security cameras
* Pie Oven
* Cash Register
* All tables, glassware, crockery etc.
* Business name, social media presence
* Full list can be provided.

This modestly priced business is ideal for either the first-time cafe owner or those already experienced, wanting another cafe. The astute purchaser you could easily work their own hours, leaving staff to do the day to day running. Adding your flair and uplift with social media with an already loyal following. A good business worthy of your consideration.

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