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Food, Beverage & Hospitality business for sale in St Kilda

  • Food, Beverage & Hospitality
  • 139 Acland Street St Kilda VIC 3182
  • Leasehold $245,000

Falafel Extra - 1P4291

Falafel Extra (formerly Falafel Kitchen) has been trading continuously on Acland Street in St Kilda for the over 30 years so it is an iconic business specialising in the best Falafels in Melbourne.

The original business concept is essentially unchanged in all this time – Fresh Juices & Smoothies, salads, healthy wraps (including meat) and plenty of Gluten Free options. Being on Acland Street there are huge numbers of patrons walking by all year and this peaks with the influx of tourists and on festival and local event days.

It is a very simple operation with low costs, high volume and can be easily run under management. There are excellent systems in place allowing anyone, even without food experience to run the operation, with minimal cooking expertise required and established staff in place.

There is footpath trading on Acland Street for twelve which can also be expanded. The operation is turnkey with no further investment necessarily required and the business stands ready to capitalise on the upcoming peak summer months.

The serving and preparation areas are all well presented with varied seating throughout and a booth at the rear of the venue. The business is extensively equipped with multiple prep areas, two large cool rooms and various storage areas. An external gate leads to a rear car park with room for two cars which is extremely rare and handy to have in St Kilda.

Rent comes in at $2400 per week + GST. With a year left on this term and two further terms of five years the vendor is in the process of negotiating the lease renewal and rent aiming to achieve a reduction. All fixtures and fittings are included in the sale and there are no contracts or equipment lease agreements in place.

The venue has been extensively refurbished and well maintained throughout the current owners tenure. It is a standalone business at the moment, ideal for an owner operator but is also suitable for franchising and expansion throughout Australia.

The business is perfectly placed to meet the growing demand for fast fresh foods including vegan, vegetarian, dairy free and nut consumers. Located in the centre of Acland Street with a long trading history, the business guarantees trade what ever service offering is provided from this prime location. The vendor is genuine and looking for offers in the region of $245,000 for this exclusively listed venue .

Business Highlights

Business ID2014781514
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Last updated  14 Jan 2019
Map for 139 Acland Street St Kilda VIC 3182
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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