Sell Mandate
Sell Mandate Discover a standout opportunity with this thriving cafe, 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 cafe 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.
• 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.
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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Approximate area shown. Exact address disclosed on execution of confidentiality agreement.
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.
The listing broker will respond within one business day.
