Retro corner store cafe restaurant

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Business Description

Fabulous food, great conversations and a good bottle of wine... or more! The current owners have brought the best of this former corner store's old world features back to life, from the original floor boards, Art Deco cut glass windows, right down to the original shop’s vintage timber drinks’ fridge, which has been lovingly restored. The recent renovation also included some more modern upgrades - including a well-equipped chef designed kitchen and a separate wood oven pizza station for creating delicious eat in or take away pizzas.

Fully licenced for up to 62 patrons and currently trading 5 days per week for breakfast and lunch and 3 nights for dinner. The premises include inside and alfresco dining area, private areas perfect for a small conference or private function, office space and a carpark.

At a glance:
  • Fully licensed for 62 patrons
  • Trading 5 days per week for breakfast & lunch and 3 nights for dinner
  • Alfresco dining along with private areas perfect for a small function
  • Recently renovated to a meticulous standard
  • Approximately 5km west of the CBD
 
 
Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $169,000
Stock at valuation (approx) $5,000
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$174,000


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Staff Summary

Three full time, one part time and eight casual staff

Lease Summary

Current Rent $1,954.53 per month + GST
Lease Term 3 years
Lease Commencement 31st July 2015
Right of Renewal 2 years + 3 years
Outgoings Paid by tenant
Bank Guarantee 6 months’ rent + outgoings + GST
Current Rent

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Plant & Equipment

Written Down Value of Plant (approx.) $144,621
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