ICONIC NORTHCOTE CAFE
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ICONIC NORTHCOTE CAFE

Reference · BB-BIZ-020

BOSTON BROKERS IS EXCLUSIVELY RETAINED TO FIND A PURCHASER FOR THIS WELL-ESTABLISHED NORTHCOTE CAFE. Having successfully served the local community for over 20+ years, the cafe has established itself as a popular destination for coffee enthusiasts & brunch aficionados alike.…

BOSTON BROKERS IS EXCLUSIVELY RETAINED TO FIND A PURCHASER FOR THIS WELL-ESTABLISHED NORTHCOTE CAFE.

Having successfully served the local community for over 20+ years, the cafe has established itself as a popular destination for coffee enthusiasts & brunch aficionados alike. The business has created a strong & distinct brand offering a range of artisan coffee & brunch fare with food prepared only using the finest seasonal produce & freshest ingredients. This business is poised to grow by extending opening hours through to include dinner service and evening drink service.

Annual Turnover: Approximately $1,200,000+ Net Profit: Circa $200,000+ Years in Operation: 20+ years

KEY HIGHLIGHTS:

  1. Financial Success: The coffee shop has consistently achieved a noteworthy annual turnover of approximately $1,200,000+, resulting in a net profit of around $200,000+.
  2. Experienced Team: The coffee shop is semi- managed by the owner, complemented by a dedicated team of full time & part-time staff members.
  3. Secure Premises: Benefit from a secure lease with an impressive 10 years+ remaining, ensuring stability & an advantageous business environment.
  4. Top-Ranked: Enjoy the distinction of being ranked No.1 in the area on platforms like Trip Advisor, outshining many competitors. This attests to the coffee shop’s outstanding reputation & customer satisfaction.
  5. Ample Seating: Boasting a seating capacity of 60+ indoors, with the added advantage of accommodating up to 20+ patrons outdoors.
  6. Premises: Occupying a spacious double fronted shop, the coffee shop benefits from high visibility & ample foot traffic.
  7. Brand Identity: The business has successfully established a robust brand identity, complete with a trademark, contributing to its recognition & customer loyalty.
  8. Online Presence: The coffee shop maintains a polished & informative website, facilitating online orders, reservations, & enhancing customer engagement.

LOCATION DETAILS Located in a busy & highly sought after main road location with great exposure, in a high foot traffic vibrant precinct.

POTENTIAL This business truly delivers! Structurally, the business supports continued growth and development and is an ideal acquisition for an expanding group, individual operator or investor looking for a strong return on investment.

SKILLS Previous experience in running a food and beverage venue would be preferred. The current owners are willing to offer full training within the restaurant to ensure a smooth transition for the new owners. Simple to run & operate Cafe.

HOURS The existing operation is open 7 days per week: Monday – Friday 7am-4pm Saturday 8am-3pm Sunday 8am-3pm

LEASE Secure Lease with excellent rental terms and conditions.

EMPLOYEES A key component of the cafe’s success lies in its experienced & dedicated team of 14 staff members. The venue currently operates with a day manager & 5 to 6 service staff. There are a total of 14 casual staff currently employed.

REASON FOR SALE Retiring after 20 years.

This is an exceptional chance to acquire a well-regarded coffee shop business that has already demonstrated a strong track record & room for further growth.

Why this mandate stands out

  • Proven trading history in a prime Melbourne location
  • Loyal customer base built over years, not months
  • Genuine reason for sale — vendor fully supportive of buyer onboarding
  • Boston Brokers mandate means vetted buyers only, no tyre-kickers

Next steps

Serious buyers are invited to request the full information memorandum. We typically respond within one business day and can arrange a private inspection within the week.

Register your interest

The listing broker will respond within one business day.

Call 0411 988 999 Enquire