WELL ESTABLISHED CARLTON CAFE FOR SALE 108 LEICESTER STREET, CARLTON 3053
BUSINESS Detail
BUSINESS DESCRIPTION
Location: Carlton, Melbourne CBD
Asking Price: $ P.O.A. + SAV
Turnover: The advised turnover for 2023 was approx.. $1,200,000. Full financials can be made available upon further request. Interested parties will be required to sign an NDA.
Boston Brokers proudly presents an exceptional opportunity to acquire the vibrant Stovetop Cafe, a highly esteemed establishment uniquely located in the heart of one of Melbourne’s bustling areas. With a sterling reputation cultivated since 2013, Stovetop has become a beloved fixture in the community, renowned for its quality offerings and loyal customer base.
This thriving business is now on the market due to our client’s well-deserved retirement. Stovetop is perfectly positioned for new ownership to step in and continue its success.
Under our client’s dedicated ownership, Stovetop has earned an excellent reputation for its delicious and diverse menu, catering to a wide range of menu preferences. The business has consistently garnered rave reviews and enjoys a robust repeat clientele.
Step into this delightful cafe, where rustic charm meets modern design. The rich aroma of freshly brewed coffee fills the air, blending perfectly with the daily-made pastries & sandwiches, salads and cooked breakfasts and lunch options that keep the cafe bustling with loyal patrons. With a reputation for exceptional coffee and mouth-watering treats, it’s no surprise the cafe is a favourite among locals and a popular stop during lunch rushes.
The interior is chic, industrial minimalism, decorated in calm tones of cream, blonde wood and pale beige. The space is flooded with natural light, thanks to expansive floor-to-ceiling windows that surround the front of the building. The warm timber accents and lush greenery from the large communal table create a welcoming, relaxed atmosphere. It’s not just a cafe – it’s also an ideal venue for private functions, with its inviting décor and versatile layout providing the perfect setting for a memorable event. Whether you’re here for your morning coffee, a catch-up with friends, or to host a special gathering, this cafe offers a truly unique experience.
THE CURRENT OPERATING HOURS ARE:
MONDAY TO FRIDAY – 8:00AM TO 3:00PM
PRIVATE FUNCTION/ EVENTS MONDAY – SUNDAY (MOSTLY FRIDAY/ SATURDAYS)
CATERING 7 DAYS
LICENCED TILL 1AM – 124 PAX
STOVETOP OFFERS AN EXTENSIVE MENU FEATURING:
Breakfasts
Lunches
Events
Stovetop also excels in external catering, serving a broad client base for:
Office Meetings
Training and Conference Events
Private Functions
Their reliable and delicious options have made Stovetop a go-to choice for corporate and private events in the area:
In Prime Location: Stovetop’s central Carlton location near Melbourne University and tram lines makes it easily accessible for various events.
Versatile Venue: Whether it’s an intimate gathering or a bustling event, Stovetop’s inviting and cosy atmosphere suits a range of occasions.
Culinary Excellence: With a menu brimming with delectable options, Stovetop ensures your guests enjoy delicious food and beverages during the event.
THE SALE INCLUDES A WELL FITTED MODERN VENUE AND A RANGE OF ESSENTIAL ASSETS:
Fully Equipped Commercial Kitchen Equipment
Separate Coffee Section
Full Dining Seating Up To 100+ Patrons plus Outdoor Parklet
Separate Office & Storage Areas
Full Amenities
Long Secure Lease
Situated in a bustling part of Carlton & CBD, Stovetop benefits from high foot traffic and visibility. The combination of dine-in and takeaway options, alongside robust external catering services, offers multiple revenue streams and significant growth potential for a new owner.
OPPORTUNITIES FOR GROWTH:
• Extended Hours: Currently operating during peak breakfast and lunch times 5 days only, there is significant potential to extend opening hours into the evening to capture the dinner crowd. Introducing an evening menu of themed dining nights could attract more customers and increase revenue.
• Delivery & Takeaway Services – With the rising demand for convenience, adding delivery and takeaway options through platforms like Uber Eats, or Deliveroo could significantly boost sales.
• Marketing & Promotions – Implementing targeted marketing strategies, such as social media advertising, loyalty programs, and special promotions could attract a broader customer base.
• Interior Expansion – With a potential redesign or expansion of the dining area there’s an opportunity to increase the number of covers, thereby accommodating more customers during busy periods.
Surrounded by notable neighbours such as Seven Seeds, Dan’s Deli, Humble Rays, Torissong, Prince Alfred Hotel, Victoria Market, Melbourne University, RMIT, Queen Victoria Market, etc, the location is part of a community undergoing continuous expansion precinct with developments in residential and commercial major projects.
A household name for many Carlton locals, Stovetop has been offering speciality stovetop brewed coffee as well as great food since 2013.
This presents a unique opportunity for a new owner to take over this thriving establishment and continue its success.
WHY STOVETOP?
Established Business – Over a decade+ of successful operations.
Strong Reputation – Loyal customer base and excellent reviews.
Diverse Offerings – Broad menu catering to various dietary needs.
Growth Potential – Opportunity to expand services and client base.
Turn-key Operation – Fully equipped and ready for immediate operation.
Stovetop is a rare gem in the Melbourne market, offering a blend of tradition, quality, and potential for future growth. This is an ideal opportunity for an entrepreneur looking to invest in a thriving business with a solid foundation and room to grow.
For more details and to arrange a viewing, contact Boston 0411 988 999.
WHETHER YOU ARE AN EXPERIENCED RESTAURANTEUR OR AN ASPIRING BUSINESS OWNER, THIS IS AN OPPORTUNITY NOT TO BE MISSED!]
