Please ensure Javascript is enabled for purposes of website accessibility MELBOURNE SOUTH CAFÉ FOR SALE DAYS ONLY $16 PW | Transworld Business Advisors South Yarra

MELBOURNE SOUTH CAFÉ FOR SALE DAYS ONLY $16 PW

Listing Number: 32457-355185

Description

Rent $109,653 pa | $2,110 pw | Turnover $811,903 PA

Summary
Longstanding Café, 18 Years Est- Breakfast and lunch only. On trend fit-out. Great location on sunny side of a busy street. Simple menu- 20 kgs of Coffee PW.

Location Details
Surrounded by local offices, Fox and Triple M studios/offices, only metres from South Melbourne market. A high tourist area with many Air B+B and serviced apartments also within metres. The sunny side of the street provides constant passer by traffic plus outdoor seating for 28, gives that extra draw and attention.

About the Business| Owners contribution
Serving Coffee, juices, breakfast and lunch only. A simple menu with Frittata, sausage rolls, sandwiches and pastas served from the front counter makes for an easy model, freeing up the kitchen to control cooked to order items with ease. No Chef required, kitchen can be maintained by a competent short order cook, again providing comfort that aspect is under control.

73 total seating, 45 inside and 28 out. Arrangement with neighbouring tenants currently permitted.

With catering outsourced, this adds further revenue with minimal input from actual venue and its staff, adding practically a passive income from website enquiries.

Owner currently works 30 hours PW.

A strong name and brand stand also for this business with a very on trend and modern fit-out, even the hipsters will approve this joint.

A strong online following on Instagram and Facebook with no active Marketing in place. This business is well known and thrives on word of mouth and reputation.

A huge well-equipped kitchen with rear lane access also comes with:

• Walk in cool room
• Gas convection oven
• Double sinks and rinse arm
• Upright service fridge
• Stick mixer, blenders, juicer, meat slicer and more
• Dish washer
• Deep fryer
• Huge storage area
• Hatch to front of house for ease of service
• Full exhaust &grease trap
• Grill and 16 Gas burners
• 4 metre stainless prep bench



Lease
12 years remaining

Rent
$2,110 PW

Hours
7 days (currently Breakfast & lunch only)

Skills
Staff Management, Customer Service, Basic Business admin, Coffee making a bonus

Training
2 weeks





Potential
There is an upstairs area on this lease currently empty, potential to renovate and lease as a residence or extend seating and open at night as a Bar. An outdoor area is included in this space, perfect for a roof-top style bar- subject to extension/amendment of current license usage.
Promote current set up for use as a function space, evenings.
Addition of Uber eats, Deliveroo and Menu log to increase sales.
Addition of cakes, snacks to Coffee area for additional sales.
Upgrade of Website to further enhance catering.
There is ample profit in this business to facilitate a Marketing budget to grow even further the current strong brand.
Reason for Sale
Family and new business venture options

History
18-year trading history.


Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.

Listing Details

  • Price: $250,000
  • Down Payment: --
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location:

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Other Business Ventures
  • Category: Restaurants
MELBOURNE SOUTH CAFÉ FOR SALE DAYS ONLY $16 PW
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