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Food, Beverage & Hospitality business for sale in Armadale

  • Food, Beverage & Hospitality
  • Armadale VIC 3143
  • $188,000 Negotiable

Stylish Day Trade Café 30 Kgs Coffee

Located in the heart of High Street Armadale is this lively café with a warm and friendly vibe. This local favourite averages 30kgs coffee per week, are known for their healthy smoothies and delicious contemporary menu.

Operating as a day trade only café, this brekkie and lunch favourite has earned an enviable score of 4.4 on Zomato and 4.1 on Google. With almost 10,000 followers on Instagram, theres no doubt that customers are travelling from all over Melbourne to visit this local eatery. The popularity of High Street as a fashion and wedding capital also provides excellent foot traffic and a steady flow of customers.

The cafe offers an excellent lease term and has the enviable position of being able to sub-lease their upstairs level (separate entrance) for a healthy $37,135.50 + GST per annum which significantly reduces their rent. There is an immediate opportunity to increase takings in the cafe by making better use of their excellent courtyard area which backs on to a public carpark. With very little twigging, you can take advantage of this great outdoor area and create another entrance into the café from the carpark. This will no doubt be popular for Mums with prams!

AT A GLANCE, OTHER FEATURES INCLUDE:

Ave $17,000 per week (previously higher)
Perfectly positioned
Excellent foot traffic
30kgs Coffee + Teas, Chais & Choc
Contemporary stylish fit-out
Rent $2080 + GST p/w less $714.14 + GST (upstairs rent received) = $1,365.86 + GST p/w
Quality commercial kitchen
43 Seats internally & 12 seats out front
Great rear courtyard backing on to public carpark
Highly rated on all major social network sites
Liquor Licence
Day trade only
Potential to open for dinner or private functions
Public Carpark at rear
Currently semi-managed
Perfect Owner/Operator or Investment business

For further details about this great lifestyle café, please contact Grita Angelucci on 0413 332 331.

Grita Angelucci
Property AU
Grita Angelucci
Property AU

Business Highlights

Business ID2015772247
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Category
Last updated  16 Oct 2019
Map for Armadale VIC 3143
Map for Armadale VIC 3143Armadale VIC 3143
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Grita Angelucci
Property AU
Grita Angelucci
Property AU

Business Highlights

Business ID2015772247
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  16 Oct 2019
Property AU
Suite 32, 135 Cardigan Street Carlton VIC 3053
Grita Angelucci
Property AU
Grita Angelucci
Property AU

Ask Grita Angelucci about this business

Grita Angelucci

Grita Angelucci

Property AU

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0413332331
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