Food/Hospitality for sale
CAFE..... SOUTH MELBOURNE
Boston Brokers is delighted to welcome to the market this popular well established café business located in South Melbourne. Surrounded by a mix of commercial and residential properties, including the neighbourhoods very busy retail precinct, therefore the business benefits from a very high volume of footfall and passing trade.
The business was established by our client in 2013 and is only now being offered to the market due to our client's desire to concentrate on other business commitments. The business operates 7 days per week Mon – Sun 8am -3pm and generates a turnover in the region of $1,000,000 per annum plus.
Our client offers a wide variety of fare including breakfast & lunch as well as a good selection of specialty hot and cold beverages. The business has built up an enviable reputation within the area for the very high quality of the food and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations
- Long secure lease with below market rental
- Exceptional position, busy area
- Top of the line fixtures, fittings & equipment
- Seats 40+ patrons
We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening in the evenings as a diner/bistro, with the relevant permissions. A new owner could also embark on a modest marketing campaign to promote the business and the services offered.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
- Business Category: Food/Hospitality
- Business Sub Category: Cafe/Coffee Shop