GIDDIUP CAFE – SOLD 269 COVENTRY STREET - SOUTH MELBOURNE
Boston Business Brokers is pleased to welcome to the market Giddiup Cafe which is a quaint café & take-away business.
In the vibrant South Melbourne shopping precinct, Giddiup cafe sits on the corner of Coventry and Francis Streets. The windows are the feature of this small establishment and, while it would be easy to sit and watch the day go by, the focus here is on fresh food, fast. It’s a place where hordes of busy workers can duck in and grab-to-go without the wait. The menu is designed around simple, high quality food; pulled-pork sandwich with jalapeno relish, bagels from 5 & Dime and salads that change daily.
Monday to Friday the menu consists of sandwiches and salads as well as breakfast dishes served until 11am. On the weekend these are replaced by an all-day breakfast menu including poached eggs and Bircher muesli.
Everything from the Tuscan vegetable and bread soup to the smoked salmon and avocado is made in the cafe’s compact kitchen. Coffee is Sydney’s Single Origin Roasters’ Yeehah blend and it’s smooth and strong.
If the sun is shining you can eat lunch in the outdoor seating area. Eating in is an option made all the more attractive due to the minimal-meets-industrial aesthetic created with bare floors, huge windows, built-in bench seating and milk crate tables. There’s also a side door that leads directly into Vincent 2, so after lunch you can browse Swedish homewares and furniture.
Successfully run by our client since 2010. Our clients are reluctantly selling the business due to other business ventures. They run the business semi-managed with 10 other full/part time members of staff. Making and selling their products on site, from the fully equipped kitchen.
We are offering the business as a fully equipped café with a fitted kitchen. There is scope for development, to expand opening hours to evenings in the café.
– This is a multi-facet business so would suit a couple/family or investor
– Well established with high level of trade & strong loyal regular customer base
– Fully equipped commercial kitchen
– Trade fixtures and fittings are owned outright and will be included in the sale
TENURE: Leasehold 5×5 years
Rental @ $42,000 per annum
The business is open:
Monday – Sunday
The owners of the business work at the business very limited hours and have a full management team in place.
We have been advised that the turnover is $1,200,000 per annum.
Trading information will be made available to seriously interested parties who have viewed the business premises and signed the Confidentiality Agreement.