Tuesday, 16 September 2008

Cafe Mojo - going, going, gone

For sale so quickly?...............

"Mojo Cafe Bar

Newly established in June 2007 this exceptional fully licensed restaurant is perfectly targeted to its market—the sort of suburban coffee house/cocktail bar and eatery that everyone would love to own.

The business enjoys rave reviews and has quickly established itself as a complete modern package for d├ęcor, food, wine list and service.

Occupies a prime trading location in Macquarie Street adjacent to the post office and has rear views over Vaucluse Gardens (retirement village for 300 people).

The main area has seating for 40 with a casual lounge section facing the road.

The restaurant opens onto a rear deck through glass sliding doors which has further seating for 18.

Trading 6 days with average sales for $15,500 per week.

Great commercial kitchen, plenty of storage, 2 car parks and a very attractive lease.

Highly recommended by the sole selling agents.

A 14 year lease is available for $325,000 plus stock."
Posted on by Rita


Anonymous said...

Many reasons for a sale Rita. Could just have been set up, fattened up, and now cashed in. Only way to know for sure is to ask.
I have done the latter, and have sold a few for many other reasons. I have a habit of trawling the for sale sections looking for opportunities, did you see this one on the IMBIB site?


Rita said...

Hi Cartouche - Came up on the realestatebusiness.com.au site a while back - but got pulled some time over the last few days - maybe last night?

hrv said...

Maybe it was just too slowmo?