This established cafe/restaurant and bar is situated in Collingwood’s busy hospitality precinct. It is surrounded by many supporting businesses which ensure a steady flow of customers to the area. With a location close to the corner of 2 busy main streets, it has significant traffic exposure and easy access by public transport.
Relaxing and cosy venue with a wide customer base. This restaurant/bar has seating for 26 inside and 8 outside. The premises also has a function room, with capacity of up to 20 people, which can be utilized as an overflow on busy days or for private functions. Additionally, there is a 4 bedroom residence upstairs.
Trades 5 days for breakfast, brunch and lunch: Trading hours are currently Tuesday to Friday: 7:30am to 4pm and Saturday: 8am to 4pm. It is fully licenced until 11pm. Which gives new owner ample opportunity to extend trading hours to include a dinner service.
The owner works in the business with support from 1 full-time staff and 1 casual employee.
Turns over approx. $4,500 per week with rent of $4,666 per month plus GST for good size premises with residence. Secure lease of 3x3x3 which commenced in December 2020.
This is perfect for you if you are looking for an opportunity to have your own restaurant/bar where the hard work has already been done and you can take over this well established business and keep it as it is or add your personal touch.
For more information and to organise an inspection, contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.