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Food, Beverage & Hospitality business for sale in Albert Park

  • Food, Beverage & Hospitality
  • 315 Montague Street Albert Park VIC 3206
  • OFFERS INVITED

Landmark 'monti' Cafe - Albert Park

'MONTI' - Known as one of the leading cafes in Albert Park, serving 35+kg of coffee a week with a stunning and enormous floorspace with seating for up to 140 patrons and boasting a roaring breakfast and lunch trade. Stop scrolling this is the one!

Not often a golden opportunity like this comes along, and this is your chance to secure one of the best licensed cafes in Albert Park. This iconic cafe is located on a prominent street only 1km from the busy South Melbourne market and 3km from the CBD. Perfectly positioned within a busy shopping and food precinct, so the cafe has a huge amount of daily foot traffic all year around. This cafe has a strong trading history and is a cult favourite with the trendy inner city and bayside brunch crowds. Renowned for its totally unique and stunning fit out, very Instagrammable menu and good vibes if you live around the Albert Park area chances are you would have dined at this cafe and loved it!

This cafe is loved by the locals for its great coffee, delicious brunch style menu as well as being a very popular choice for catering & private functions. The cafe has a secure lease with 11 years remaining and great rent, especially for the size of the venue and location, which is one of the key elements to the cafes ongoing success and strong profit. Not to mention the venue runs under full management with an excellent team in place.

The cafe fitout is flawless with a modern and stunning fit-out and versatile floor plan to seat up to 140 patrons across multiple levels, inside, outside (courtyard and footpath) including private dining & function spaces. The cafe has a well-structured and simple brunch focused menu to suit the neatly designed commercial kitchen. The carefully constructed menu is fresh and seasonally driven with plenty of vegan-friendly and gluten-free options. The cafe also goes through 35+kg of coffee a week and is recognised in all the major good food and cafe guides around Melbourne.

This cafe has become an integral part of the local Albert Park community, and the business has shown strong and consistent turnover since opening, however, there is still huge upside left in the business for a purchaser to take advantage of. This cafe represents the perfect opportunity for anyone looking to invest in a successful and well-run cafe with a fantastic reputation and very strong cash flow. With a genuine vendor ready to sell, there has never been a better time to buy! Call Marc to inspect 0412 359 907.

BUSINESS HIGHLIGHTS:
Weekly sales $28,000 - $30,000
Net profit $300,000 pa
Under full management
Coffee 35+kg a week
Open 7 days from 7am 4pm + functions
Currently seats 70 inside + 70 outside
Fully Licensed for 140 patrons until 11pm
Great location within a popular shopping/food precinct
Stunning fit out unique space cannot be replicated
Excellent equipment all included in the sale
Well established brand still with plenty of opportunity for growth
Excellent reputation with great online reviews
All systems and procedures in place to ensure a smooth handover
Full financials available for qualified buyers

Call Marc 0412 359 907 to inspect

Business Highlights

Business ID2019163005
Floor AreaAsk Business Broker
Category
Last updated  6 Apr 2024
Map for 315 Montague Street Albert Park VIC 3206
Map for 315 Montague Street Albert Park VIC 3206315 Montague Street Albert Park VIC 3206

Business Highlights

Business ID2019163005
Floor AreaAsk Business Broker
Category
Last updated  6 Apr 2024

Listed by

Marc Di Genova
Marc Di Genova
Just Business Brokers Melbourne
Call
0412 359 907

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