SOLD

*UNDER OFFER* Cafe - Bar in the Suburb of Fitzroy - Taking $48,000 p/week

Fitzroy VIC
*UNDER OFFER* Cafe - Bar in the Suburb of Fitzroy - Taking $48,000 p/week

Last asking price $590,000

Sold November 2024

Food & Drink, Leisure, Food & Drink

*THIS BUSINESS IS NOW UNDER OFFER*

- An iconic and bustling Cafe-Bar in the heart of Fitzroy, VIC
- Established for over 38 years
- Situated in a prime location with high exposure and huge foot-traffic during the day and evenings
- With 210 seats spread across four distinct sections, inc. an out-front area, and a trendy rooftop bar & sitting
- A reasonable Rent (of around 6% of revenue) and a long secured lease in place
- Operating by store manager and a professional team of staff
- with owner's minimal involvement (monitoring only)
- Average Weekly Revenue of $48,000
- Over 50% of income from Liquor Beverages, with high Margin
- Generating an attractive Net Profit for the current passive owner!
- Selling due to owner's heavy commitment in other ventures
- Asking Price: $590,000 +SAV


PLEASE CONTACT "SAM VASLI" FOR MORE INFORMATION ON THIS UNIQUE BUSINESS OPPORTUNITY.
M: xxxxx

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