Business For Sale Reservoir, Victoria 3073
Business Category Cafe and Coffee Shop Restaurant Takeaway Food
$229,000 + SAV
Description
Rent Only $639 Pw, Less Than 5% / Cafe Owner Operator
Located in Melbourne's northern suburbs, this cafe presents an exceptional opportunity, with rent of just $639 per week, accounting for under 5% of turnover. Boasting a high net profit margin of 19% or more, it stands well above the industry average, making it a highly profitable business. Situated in a high-traffic area, this cafe enjoys excellent visibility on a busy main road and is surrounded by a mix of semi-industrial and high-density residential neighbourhood. Located just 100 meters from a major train station, it attracts both commuters and residents, making it an ideal spot for a quick coffee or meal.
The cafes well-designed layout caters to both dine-in and takeaway customers, with convenient parking and four designated spaces at the rear, further enhancing its accessibility. This cafe perfect for an owner-operator or first-time business owner, this streamlined operation also offers potential for growth by extending hours and catering to capture additional trade and revenue.
Key Features:
Low rent only $639 p/w Rent only 5% of Turnover Just 100m from a major train station, driving daily customer flow Dedicated car spaces at rear
Strong weekly sales: $15k+ Higher than average net profit 19%+ Great mix of dine-in and takeaway
Easy to run ideal for owner-operator or first business
High foot traffic from residential and industrial areas 7 day trade with steady loyal customers
The cafe offers an exceptional business opportunity in a sought-after location, with a perfect blend of residents, commuters, and business professionals. With strong sales and affordable rent, this opportunity won't last long!
Lease Details
Commenced Feb 2018 for 5 years. Renewed lease from Feb 2023 for 3 + 3 option. $2,083.58 bond is required.
Premises Details
Approx. 101 square metres. - Dining area, full commercial kitchen, walk-in Coolroom and dry store, Rear storage area, 4 dedicated car spaces at rear, Grease trap, Outdoor seating area, toilet, baby change area, Main road exposure.
Staff Details
2 owner operator
1 F/T
6 staff on rotating roster
Opening Hours
Mon - Fri 5:30am 2pm
Sat 7am 2pm
Sun 8am 2pm
Opportunity
This cafe presents a fantastic opportunity for someone looking to enter the hospitality industry or expand their current portfolio as owner operator. With a strong, established customer base and excellent exposure location, there is plenty of potential to grow the business further by extending trading hours, adding catering services to local businesses, or enhancing the current menu offerings. Whether you're a first-time operator or an experienced cafe owner, this is an opportunity not to be missed!
Contact Nathan now to find out more about this business and to request your detailed business profile.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
**Weekly**
Coffee Sales 20kg
Sales $15,920
Rent $639+gst
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