Under Offer A Sought After & Exquisitely Fitted Café Taking $22,500 Weekly $228k (17111)

Cheltenham, Victoria 3192

SOLD

Key Features

AI generated. Contact seller to confirm.

Popular contemporary café specialising in brunch and burgers
Fully managed with dedicated staff
Recently renovated with $20000 upgrades
100 sqm premises with substantial seating capacity
Located in a bustling commercial area
Opportunities for growth with delivery and liquor license

Turnover: $1,170,000
Net Profit: Not disclosed
Rent/Lease: Up to 13 years lease
Stock Value: Included
Established: 3 years

Business Details

Business Category Cafe Franchise Business Opportunities

On offer is a popular contemporary café specialising in brunch, burgers and healthy food offerings. Acquired by the current owner in 2020, it has grown year-on-year, resulting in its diverse customer base and excellent weekly revenue. Located in a sought-after commercial area surrounded by key amenities, fully equipped with recent renovations and supported by dedicated staff, this café presents exciting growth potential make this business your today!

*Taking $22,500 PW
*Sells 60 kg of coffee PW
*Fully managed
*Up to 13 years lease
*100 sqm site
*Substantial seating capacity
*P&E worth $75,000
*4.5/5 Google rating

Jim Papas and the team at LINK Melbourne are thrilled to present a sought-after café to the market.

This café is located in a bustling commercial area surrounded by schools, public parks and vibrant hospitality and retail establishments. Also, it has easy access to public transportation and other key suburb amenities, attracting a steady influx of customers throughout the day.

Occupying a beautifully fitted 100 sqm premises, it offers comfortable seating for up to 42 inside and 18 outside patrons. Additionally, it boasts a spacious undercover courtyard with seating for 36, complete with fans and heating, which can be utilised for functions and catering, creating additional revenue streams.

Recently renovated with $20,000 worth of upgrades, it is fully equipped with brand-new assets, including a 6-burner stovetop, 8-tray combi oven, dishwasher, hotplate, chargrill, double basket deep fryer, ice machine and coolrooms. All these will be included in the sale.

With a team of five full-time and eight casual staff, it currently operates under full management, affording the owner lifestyle flexibility.

Furthermore, it presents opportunities for further growth, such as by introducing delivery platforms, obtaining a liquor license and extending operating hours to capture the area's end-of-school trade.

Don't miss this chance to own a popular café in a prime location! Contact Jim today to learn more.

Listing ID: 17111
Broker: Jim Papas
Phone: XXXXXXXXXX
Email: XXXXXXXXXX