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Listing Id: 21607 Last Refreshed: 23/02/2021 Total Views: 1390

Freehold And Business For The Price Of One- Perfect For Those Looking For A Lifestyle Change

Rural, MelbourneCoffee Shops and CafesTake Aways
Asking Price: $420,000
  • Premise Type N/A Premise Size
  • Monthly Rental $0 Rental Desposit N/A
  • Revenue $43,333 Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
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Reason For Sale

Retirement

Description

This Freehold land plus buildings and business for sale are the perfect all in one for someone looking for a lifestyle change.

This freehold plus business is located in Boolarra, a small town located in the Latrobe Valley, in Central Gippsland, Victoria. This business has a great location in the town and is opposite a park, which is also the start of the popular cycling/walking trail, The Grand Ridge Rail Trail, which attracts many travellers to the area. The town holds an annual music festival and arts, craft and produces market which brings large crowds of people to this town.

The property and business occupy 2 shops of 160 square metres and there are 2 bedrooms and a bungalow at the back. Land area is approx. 833 sq. metres.

Together with the freehold, there is the business which is a cafe and a takeaway business as well as a general store and newsagent. It is the only general store and newsagent in town.

Features of the business:
• Established 60 plus years
• Café seats 20
• Serves light meals and beverages, also caters for functions and buffet breakfasts for special occasions.
• Business trades 7 days: Monday, Tuesday 7am to 5:30pm, Wednesday, Thursday 7am to 7pm, Friday 7am to 8pm, Saturday, Sunday 8am to 7pm
• Vendors work with 7 casual staff.
• The café is well liked by locals as well as the many visitors to this area.
• General store has gifts, knitwear and jewellery

The business turns over approximately $10,000 per week (even during Covid lockdown period)
*Please note the goodwill of the business IS NOT adjusted in the asking price, therefore the owner does not wish to provide information. The sale price is for the Freehold and the business currently operating will be an inclusion at no extra cost to the investor.

If you want to escape the city and looking for a lifestyle chance, this freehold and business package may be just the thing you are looking for.

For more information and to arrange an inspection, please contact Chris Panagiotidis 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B13811

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