FOR SALE: THRIVING TURN KEY CAFE/RESTAURANT/BAKERY IN SOUTH MELBOURNE 147-149 Cecil Street, South Melbourne
BUSINESS Detail
BUSINESS DESCRIPTION
EXPRESSIONS of INTEREST – PRICE RANGE CIRCA $300,000
UNLOCK YOUR CULINARY DREAMS – A TURNKEY MARVEL AWAITS YOU!
Are you a visionary hospitality professional with culinary dreams waiting to unfold? Your perfect canvas awaits! An exciting opportunity is now available to acquire a well-established Bakery/Eatery in the heart of South Melbourne. This turnkey operation offers a prime location, a loyal customer base, and immense growth potential.
Bring your own concept! If you’re looking for a space to bring your concept to a captive audience daily, this may be just the spot. Opportunity for a hospitality professional. Discover the urban food and beverage culture in this South Melbourne District.
Step into the vibrant world of the Food & Beverage industry with this exciting opportunity to acquire a thriving Bakery/ Eatery business located in the heart of South Melbourne. Situated in a bustling neighbourhood known for its diverse community and bustling atmosphere, this well-established Bakery/ Eatery presents a turnkey operation with immense growth potential.
The Café/ Bakery enjoys a prime location on a busy street in South Melbourne. Surrounded by a mix of residential and commercial properties, the Bakery/ Eatery benefits from high footfall, attracting both local residents and visitors to the area. This space provides excellent positioning for the right concept to establish its presence in South Melbourne. Stone’s throw away from the Iconic South Melbourne Market, an Inner City Landmark and a favourite amongst locals and tourists.
The Bakery/Cafe is fully equipped with high-quality commercial-grade kitchen equipment, fixtures, and furnishings, allowing for seamless operations and a smooth transition for new owners.
Embarking on a culinary venture from the ground up demands time, effort, and substantial financial investment. However, we present you with a rare opportunity to bypass the challenges of starting from scratch.
KEY ADVANTAGES:
SWIFT ESTABLISHMENT: Opening a business of this calibre usually takes an extended period. With our Marquee Restaurant/Café/Bakery for Sale, you can expedite the process and set up shop swiftly.
COST-EFFECTIVE: The cost to replicate such an impressive build-out independently would be considerably higher. This opportunity allows you to acquire a significant location for much less money than the typical investment required.
FEATURES:
- Well Established Neighbourhood Gem
- Large Frontage with Excellent Visibility
- Strong Loyal Customer Base
- Long Secure Lease: 10 years
- Spectacular Historic Character Style Warehouse Building
- Fully Fitted 40+ Covers Venue
- Approximately 120sqm
- Versatile Space, ideal for Bakery, Wine Bar, Restaurant, Café, etc.
- Super-hot sought after location with High Passing Trade throughout The Day
LEASE DETAILS:
- Lease: 5×5 Years
- Rent: $10,000 per month
- Rent Review: Every 5 Years
- Security: 2 Months’ Rent
PREMISES:
- Circa 40+ Covers Restaurant
- One-of-a-Kind Raw Rustic Open Space Venue
- Double Fronted Premises
- Fully Equipped Spacious Commercial Kitchen
- Footpath Dining
- Current Opening Hours: Monday – Sunday, 7 am – 4 pm
- Fully Fitted, With Excellent Fixtures, Fittings, And Equipment
- Includes 2 Car Parks
LOCATION HIGHLIGHTS:
- Prime Stand Alone South Melbourne Position
- 50 metres to South Melbourne Market & Popular Coventry Street
TRADING & FINANCIALS:
- Managed by the current owner for a decade
- Strong Trading History
- Cafe Gross Sales Revenue: Circa $25,000/week ($1,200,000/year) (As per the vendor)
- Sale does not include the right to operate the business using all trademarks, recipes, branding.
POTENTIAL FOR GROWTH:
The cafe presents numerous avenues for expansion, including extending operating hours, introducing a delivery service, hosting events, or diversifying the menu to capture a wider customer base.
NEIGHBORHOOD HIGHLIGHTS: DISCOVER THE CULINARY HUB
In addition to the captivating features of our thriving turnkey cafe/restaurant/bakery in South Melbourne, immerse yourself in the vibrant culinary scene that surrounds this exceptional establishment. The neighbourhood is a culinary haven, boasting renowned names and diverse offerings:
- Code Black Coffee Roasters
- Hectors Deli
- Bricklane Bagels
- St Ali Café
- Chefs Hat
- Coventry Bookstore
- Biblelot
- Bambu Asian
- Claypots
- The Albion Hotel
- Market Lane Coffee
- Woodfrog Bakery
…just to name a few!
Experience the unique flavours and styles that define South Melbourne’s culinary landscape, making it a sought-after destination for food enthusiasts and ensuring a steady flow of foot traffic to your new establishment.
This dynamic environment, coupled with the prime location of our turnkey cafe/restaurant/bakery, sets the stage for unparalleled success. Don’t miss out on this exceptional opportunity. Make your offer today and embark on a journey to culinary success. The culinary adventure awaits – secure your place now!
SEIZE THE OPPORTUNITY – MAKE YOUR OFFER TODAY!
VIEWINGS & CONFIDENTIALITY:
Interested buyers are required to sign a Non-Disclosure Agreement and provide proof of funds to meet the premium and landlord’s requirements. This is to ensure the confidentiality requested by the client.
Don’t miss out on this remarkable opportunity to step into the dynamic world of South Melbourne’s Food & Beverage scene. Contact us today to schedule a viewing and explore the endless possibilities!
