ECLECTIC NORTH MELBOURNE CAFE NORTH MELBOURNE
BUSINESS Detail
BUSINESS DESCRIPTION
THE BOSTON BROKERS IS DELIGHTED TO BRING TO THE MARKET THIS SUPERB OPPORTUNITY TO ACQUIRE A WELL-ESTABLISHED AND PROFITABLE UPMARKET CAFE IN CENTRAL
NORTH MELBOURNE.
LOOKING FOR THE PERFECT SPOT TO LAUNCH YOUR CULINARY DREAM?
Discover a standout opportunity with this thriving café, which boasts a distinctive and profitable business model with a track record of success. This gem is perfectly positioned for growth and expansion, making it an ideal investment for those looking to capitalise on a flourishing venture.
Whether you’re an experienced restaurateur or a husband-and-wife team eager to make your mark in the breakfast and lunch market, this cafe offers the ideal foundation for success. This exceptional opportunity combines a profitable business model with a rewarding lifestyle choice, making it a perfect fit for those seeking both financial and personal fulfilment.
This well-established cafe, a cherished neighbourhood hotspot, is perfectly positioned in the vibrant North Melbourne District. Located in a walkable area frequented by locals and close to the Melbourne General Hospital precinct, it thrives amid a lively community and a diverse array of popular food and bar venues.
The cafe’s popularity is driven by its high-quality food and drink offerings, paired with its inviting location. Featuring a warehouse-style fitout with rustic chic décor, the space boasts a casual and welcoming atmosphere. An open-plan kitchen area serves up a selection of premium coffee, along with breakfast and lunch staples, enhancing the overall dining experience.
The cafe features approximately 60 seats indoors, creating a cosy and charming atmosphere. Outside, you’ll find two custom wood parklets with seating for around 20+ patrons, plus additional sidewalk tables for al fresco dining. The current owner has secured a lease extension for an additional 5+5 years at an attractive rate of $8,700 per month.
This business is an ideal opportunity for a chef-owner operator looking to thrive and expand. With a growing demand for high-quality neighbourhood eateries over downtown options, this café meets all the criteria for both a successful owner and satisfied local customers.
Don’t miss your chance to own a highly profitable restaurant in a prime location within a sought-after, affluent Melbourne neighbourhood.
KEY FEATURES:
• Prime Location: The Location itself screams Location, Location Location!! Located in North Melbourne’s busy professional district provides regular customers that frequent daily and a large supply of affluent locals that desire this business open daily.
• Fully Equipped Kitchen: Features a well-maintained, open commercial kitchen with top-notch equipment.
• Long Lease: Comes with a secure, long-term lease and favorable rental terms.
• Skilled & Experienced Team: The restaurant is supported by a dedicated, efficient and skilled team, who share a passion for excellence, ensuring a smooth transition for the new owner.
• Growth Potential: Owner is absentee, presenting numerous opportunities for sales growth. Simple expansion ideas include adding local delivery, online ordering, and integrating a liquor license.
• Private Events and Catering: Capitalise on the venue’s stellar reputation by expanding into private events such as weddings, corporate functions, and celebrations. Introducing a dedicated catering service for local businesses and events could further enhance revenue opportunities.
• Versatile Appeal: With consistent sales and a dedicated customer base, this business is ideal for an owner-operator or a valuable addition to a restaurant group’s portfolio.
• Reputation Leverage: Build on the cafe’s renowned reputation and established success to drive your entrepreneurial ambitions.
Financial Profile:
This business generated a turnover of $1,600,000 and generated outstanding net profits.
Full financials can be made available upon further request.
The current cafe has yet to explore dinner service, presenting a prime opportunity for a dinner/wine bar concept in this vibrant space. With strong weekend traffic and established neighbouring businesses driving substantial footfall, a new owner could significantly benefit from extending operating hours. This coveted location at this price point is a rare find—don’t miss out; contact us today!
Due to the exclusive nature of this listing, interested parties are required to sign a non-disclosure agreement (NDA) to access detailed information. Contact us today to learn more, schedule a private viewing, and take the first step toward exploring this exciting opportunity.
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THIS BUSINESS OFFERS A DISTINCTIVE INVESTMENT OPPORTUNITY FOR BOTH ASPIRING RESTAURATEURS AND SEASONED OPERATORS SEEKING TO EXPAND THEIR PORTFOLIO. BOASTING A PRIME LOCATION, SIGNIFICANT ASSETS, A STRONG REPUTATION, AND MULTIPLE GROWTH AVENUES, THIS PROFITABLE CAFE IS WELL-POSITIONED FOR ONGOING SUCCESS.
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