Sell Mandate
Sell Mandate WHERE EVERY SIP SPARKS PROFIT , OPEN 7 DAYS WITH MAGNIFICENT FURTHER POTENTIAL SALES TURNOVER: $30,000 PER WEEK PRICE: CONTACT AGENT In this cosmopolitan Bayside Village neighbourhood we have an amazing opportunity for you to own this sophisticated Cafe/ Bar/…
WHERE EVERY SIP SPARKS PROFIT , OPEN 7 DAYS WITH MAGNIFICENT FURTHER POTENTIAL
SALES TURNOVER: $30,000 PER WEEK
PRICE: CONTACT AGENT
In this cosmopolitan Bayside Village neighbourhood we have an amazing opportunity for you to own this sophisticated Cafe/ Bar/ Restaurant that is licensed for 140 plus seats, the premise has a great ambience which sets the mood for any occasion and has been a staple in the community for over 3 decades with a strong reputation and terrific high level of regular and repeat trade. This is perfect for an owner operator to come in and run the current operation as is and hit the ground running, and with its full service kitchen any chef-driven concept/cuisine would thrive.
FEATURES:
– Serves Breakfast & Lunch, operating 7 days
– Well established turnkey opportunity in prime trading location
– Fully licensed with outdoor footpath dining area
– Long secure lease
– Excellent rental terms and conditions
– Full equipped commercial kitchen with walk in cool room
– Beautifully maintained venue with superb fittings, fixtures and equipment
– Suit any concept/theme, Cafe by Day, Restaurant, Wine Bar, International Cuisine by Night
– Owner will ensure you have the training & support to continue the success
LEASE DETAILS:
• Lease: 2x5x5 Years
• Rent: $6,500 per month + GST
• Rent Review: Every 5 Years
• Security: 3 Months’ Rent
PREMISES:
• Circa 140+ Covers Restaurant
• One-of-a-Kind Modern Contemporary Open Space Venue
• Double Storey 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
LOCATION HIGHLIGHTS: Thriving Community Precinct: The cafe is situated within a bustling community precinct, surrounded by a diverse range of specialty businesses. This creates a dynamic atmosphere and generates additional foot traffic, offering ample opportunities for collaboration and cross-promotion.
• Prime Stand Alone Albert Park Position
The neighbourhood is a culinary haven, boasting renowned names and diverse offerings:
• Neds Bakehouse
• O’Connells’s Hotel
• Dundas & Faussett
• Village Wine Bar
• The Albert Park Hotel
…just to name a few!
ESTABLISHED CUSTOMER BASE: With its excellent reputation, the cafe has built a loyal customer base that appreciates its high-quality food, exceptional service, and attention to detail. Regulars and new patrons alike are drawn to the cafe’s delightful ambiance, making it a popular choice in the area.WELL-EQUIPPED: The cafe is fully equipped, ensuring a smooth operation and efficient service. The kitchen is well-designed to facilitate streamlined workflows, he business model is simple and efficient with procedures and processes in place.
TRADING & FINANCIALS: Strong Financial Performance: This cafe has a proven track record of success, demonstrating consistent financial performance over the years. Detailed financial statements will be made available to serious buyers, highlighting the excellent revenue and profit margins achieved.
• Managed by the current owner for more than 3 years
• Cafe Gross Sales Revenue: Circa $30,000/week ($1,400,000/year) (As per the vendor)
POTENTIAL FOR GROWTH: The cafe presents numerous avenues for expansion, including extending operating hours, introducing a delivery service, hosting events & private parties, or diversifying the menu to capture a wider customer base.
This is a tremendous opportunity to purchase a true lifestyle business in one of the most desirable neighbourhood areas in Melbourne and as such early viewing is highly recommended as this outstanding business is not to be missed!
Contact exclusive selling agent: Boston Brokers 0411 988 999
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.
