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Cafe And Coffee Shop For Sale in South Melbourne Melbourne VIC

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South Melbourne Cafe For Sale $22 K Pw

Location:South Melbourne, Melbourne, Victoria

Category:Cafe and Coffee Shop, Food, Catering

Asking Price:$350,000

350000

  • Sales revenue : $1,148,940
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $220,000
  • Inventory/Stock value : Undisclosed
  • South Melbourne Cafe For Sale $22 K Pw

Business description

Internal Ref: 32457-[Phone Number Censored]

Revenue | $1,148,940 pa

Rent | $135,861 pa

About the Business

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.

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

Location Details | Surrounded by offices, Fox and Triple M studios/offices, 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.



Lease | Two businesses: 12 and 16 years remaining, respectively 



Rent | $2,612 PW



Hours | 7 days Café 



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 not under use, 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.

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 [Phone Number Censored] for a full Information Memorandum.

Other Information

    Transworld Business Advisors - South Yarra
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