Food, Beverage & Hospitality business for sale in Moonee Ponds
- Food, Beverage & Hospitality
- Moonee Ponds VIC 3039
- $295,000 (GST na)
Artisan Cafe Pizzeria & Bakery with Events
Are you looking for a Newly Established Cafe Pizzeria and Bakery with Events? On offer is artisan inspired hospitality business that holds events with a fully licensed bar. Purpose built in March 2018 the business is equipped to handle private functions for large groups providing food and drink packages and the option to hire the entire venue. The current owners envisioned that the bakehouse would also produce goods for wholesale trade to various other cafe's, supermarkets and food retailers.
The current owners have spent the last financial year focussed on serving breakfast and lunch six days a week from 8:00 am to 3:00 pm. Meals include authentic Italian woodfire pizza and pasta, artisan bread, gelato, cakes and sweets, coffee and alcoholic beverages. Events are held outside of the standard hours and the business hold Pizza and Pasta nights with no trading restrictions and a 1:00 am late-night liquor license.
The key features of the business are:
Located in the highly desirable Moonee Ponds Junction.
Solid six-figure profits with just one year of trading.
A full commercial kitchen with brand new equipment included in the sale.
A commercial bakery with all equipment included in the sale.
A late-night liquor license with a provision allowing music.
A long lease with low rent at $2700 per month.
The majority of the customers are regulars.
Kid-friendly with a dedicated play area.
Inside seating area for 60 Pax. and outside seating for 20 Pax.
Three staff that have experience in both front of house and food preparation willing to stay on with new owner/s.
Why is this business successful?
Operating for just one year making a solid profit from trade is a testament to the business concept. Day trading hours with freshly baked items reduces the cost of goods and holding after-hours events allows for bigger profits and lower costs associated with staff as you plan accordingly.
The freshly baked goods draw trade from the local area looking for a delicious sweet or savoury treat and tea or coffee. The quality food has quickly established a reputation that sees mums, bubs, weekday visitors and passers-by return on the weekend for breakfast or lunch. The kids corner allows the children to play while the parents can get a snack or cooked meal and take a small break. Over the year the business Facebook and Instagram pages have grown to 1000 plus followers allowing for organic re-marketing.
The location has also ensured success as the premises is situated just off Mount Alexander road in Moonee Ponds busiest precinct. Regulars come from the Foxtel office, Moonee Valley Racecourse, The Australian Tax Office, other local traders, Puckle Street shoppers and from the Moonee Ponds Transport Junction. The venue has also been soundproofed for late-night music, but the current owners have chosen not to extend trading hours and just hold functions and events. There is ample parking surrounding the venue as it tucked behind the main street. Three car parking spots are also included in the lease.
This business is unique and versatile with multiple sources of income. The current owners have other business interests and no longer have the time to take full advantage of the opportunities with the wholesale side of the bakery. They have chosen not to extend hours or overly promote the venue for hire. The events and functions have organically occurred through customers enquiring and the owners have been more than happy to oblige and utilise the late-night liquor licence.
If you are looking for that unique business opportunity to own and operate a cafe with real potential to make a serious return with extended hours, more events, functions, and drive bakery wholesale sales, then enquire now.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Price: $295,000 Plus SAV
Finn Business Sales - Greater Melbourne
Broker: Daniel Callegary | Mob: 0415 378 434 | Daniel.Callegari@finnbusinesssales.com.au
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|Last updated||16 Aug 2019|