North Shore CafÃ©. Amazing Site. ...
- Proposed Usage
- Tourism & Hospitality
- Property ID
North Shore CafÃ©. Amazing Site. Exceptional Price!
Once upon a time this cafe; sold for over $1m!!
When the cafe; opened I thought it was the perfect set up. A very easy flow to outdoor areas, great seating choices, heaps of parking right outside and situated prominently above the main road.Perfect location$16,500 per week and it used to do around $30k not so long ago!Strong lease in place150 seatsGreat parking right on the doorstepArea with major residential growth
At $16,500 per week it is doing just "ok'. At $20k it would be doing really very well. Get it back to where it was and you will have tripled your investment!!
The cafe; is capable of doing much more business and so there is most certainly an "upside' for a good operator. There is significant capital gain to be made here.
Asking $395,000 plus stock