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Cafe & Coffee Shop business for sale in South Melbourne

  • Cafe & Coffee Shop
  • South Melbourne VIC 3205
  • $165,000 (GST na)

Cafe South Melbourne Days Only $16 Pw For Sale

Internal Ref: 32457-355185

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- 18 kgs of Coffee PW.

Revenue
$811,903 pa

Net Profit
$175,880 pa

About the Business
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.

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

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.

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. Current owner 1.5 years

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

Business Highlights

Business ID2015388744
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  6 Sep 2019
Map for South Melbourne VIC 3205South Melbourne VIC 3205
Transworld Business Advisors South Yarra
244a Grange Rd Carnegie VIC 3163

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