Melbourne is Home to Some of the Most Awarded Cafes and Restaurants. Is it A Good Idea to Buy a Business in this Bustling Food Hub?
Think adventures down laneways, following the tantalising scent of coffee beans brewing, discovering a new fusion restaurant on the trendy Brunswick St, or feasting on more-ish pasta, pizza and wine on Lygon St.
When you're deciding which capital city has it all in terms of culture and hospitality, there is never a doubt that Melbourne always comes very highly on that list. Think adventures down laneways, following the tantalising scent of coffee beans brewing, discovering a new fusion restaurant on the trendy Brunswick St, or feasting on more-ish pasta, pizza and wine on Lygon St. If you are looking to buy a business in Melbourne, there are thousands of options available to you on Bsale.
Other winners included Di Stasio in Carlton, VIC which won Best Restaurant Design, Music Room in Melbourne's CBD who won Best Bar Design, Baker Bleu Hawksburn and Pronto by Via Porta were both awarded Best Retail Design and wrapping up the winners, Rocco’s Bologna Discoteca in Fitzroy was given Best Identity Design.
We can't possibly discuss Melbourne without also mentioning it's big 2022 win - being named Australia's most liveable city by the Global Liveability Index. This title is a crowning jewel in the cap of all Melbournians, and one Premier Dan Andrews is most certainly proud of.
With all this in mind, when buying a business in Melbourne, one could argue that a hospitality business, whether that is a cafe, restaurant or bar is a fantastic choice. According to the Bsale Market Insight page, the top 3 categories of businesses for sale are Cafes and Coffee Shops, Takeaway Food and Restaurants - meaning you will be spoilt for choice.
Here are 6 cafes and restaurants for sale in Melbourne you should consider.
1. Unique Restaurant Concept
Price: $120,000
An impressive restaurant opportunity with outstanding growth potential into the future. Based in a fantastic location this blue-chip restaurant/cafe is in the heart of bustling Northcote.
- Full commercial kitchen, impressive fit-out, recently renovated, nothing to spend
- Plenty of seating for patrons, large space and beautifully presented venue overall
- Beautiful fire pit with exhaust with new and upgraded facilities throughout the premises
- Great price to sell, with fantastic potential in a very popular and thriving suburb
- Ideal business investment for a family operation or partners entering the industry
2. Restaurant On St Kilda Rd
Price on Application
Originally setup/designed by Australian Chef Shannon Bennet this is not to be missed.
This bright, modern, and profitable restaurant business for sale offers a prime location on a major road St Kilda in Melbourne. This is the first time this business has been up for sale so take advantage of the vendors’ years of passion for developing a thriving business with a loyal customer base!
- Business turns over $20,000-$30,000 per week (takings much higher in peak periods)
- Operating 8 am to 10 pm 6 days a week. Closed on Sunday
- 2 private car parks underneath in secure parking
- Seats 66 inside, 12 outside, and 12 downstairs in a Private function room
- Very large fully equipped full commercial kitchen with state-of-the-art equipment and extraction
3. Indian Restaurant
Price: $420,000
This restaurant is situated in the best position in a non-stop transaction street. This is an opportunity for a buyer to purchase a long-standing local business with simple all-day menu.
- Turnover $20,000 per week
- Fully Under Management
- Beautiful Fit-Out with a Modern Dining Decor
- Great Size with Fully Equipped Kitchen
- Reliable, Well Trained Team of Staff
- Reasonable Rent with Secure Lease
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4. Vibrant And Well Loved Cafe
Price: $649,000
This cafe has been operating for over ten years and is a popular breakfast and brunch spot for local families. It is best known for its high-quality offerings, particularly its coffee and healthy food options, all made only with premium ingredients. It is easy to operate and fully-equipped a turnkey business for energetic purchasers seeking a reputable and profitable investment.
- Taking $26,000 PW
- Sells 50 kg of coffee PW
- 21-year lease (8 remaining)
- 150 seats (in and out)
- Low COGS: 28%
- Semi-managed
- Cheap rent
5. Longplay Bar
Price: Contact Agent
Longplay is a successful wine bar, cocktail bar, bistro, cinema, live music venue, and events space in North Fitzroy. Its success can, in part, be attributed to it having these different means by which to attract customers. Beautiful lighting, handmade wooden furniture, and its interior design as a whole has given it a reputation as one of the most beautiful inner city bars in Melbourne. 12 years of consistent trade has cemented its place as one of Melbourne best. Longplay’s 30 seat cinema, hosts events 7 days a week, providing a reliable source of revenue.
- Trading Hours: Monday to Wednesday 6pm-11.00pm, Thursday 6pm-12pm, Friday and Saturday 6pm-1am, Sunday 6pm-11pm
- Lease: 8 years remain on the current lease
- Rent: $6,245 monthly
- Sales: $750k+ per annum with huge scope to increase
- Seats: Current set out for 50+ covers
6. Cafe in Fitzroy North
Price: $398,000
This long established cafe is based in a prime Fitzroy North location with a regular loyal customer base and trades 7 days a week (7am – 4pm).
- Operating fully management
- Licensed for 90 patrons till 11pm
- Rent $1,854 pw plus outgoings
- Sublet upstairs offices reduces rent by $500 weekly
- Long secure lease
- Coffee Sales 30 + Kilos pw
- Seats up to 50 in / 20 out
- Full commercial kitchen
Tags: hot city melbourne vic listicle buying small business
About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
