Under Offer Turnkey, Lucrative University Cafe

Bundoora, Victoria 3083

SOLD

Key Features

AI generated. Contact seller to confirm.

  • University location with captive student, faculty and visitor market
  • New fit-out with coffee machines and fridges
  • All assets required for daily operations included
  • Semi-managed operation with weekend management
  • Over 100 outdoor seats
  • Two full-time and two part-time staff plus owner-operator
  • Turnover: $1,000,000 PA
  • Rent/Lease: Monthly rent of $6,193.84, including all outgoings; 3+3+3 years lease stated, with final expiry in 2033. Listing also states lease expiring in 2027 with options to renew.

Business Details

Business Category Cafe

On offer is a rare opportunity to acquire a cafe within a university in one of Melbourne's inner-city suburbs. It has developed a solid reputation for its high-quality coffee offerings, complemented by a menu of all-day breakfast options. With all assets and staff in place, in addition to a loyal customer base, this business is the perfect investment choice for a motivated purchaser seeking an easy-to-manage and profitable venture.

*Taking $1,000,000 PA
*Semi-managed operation
*3+3+3 years lease (final expiry: 2033)
*100 plus outdoor seats
*45 kg of coffee sold PW
*New fit-out

Gerry Morelli, Nick Kolaitis and the team at LINK Melbourne are excited to present a turnkey cafe to the market.

This lucrative business features a new set-up, with all assets required for daily operations already in place, including new coffee machines and fridges. No additional capital capital injection will be required post-settlement.

Located in a university, it is exposed to a captive market of students, faculty and visitors. Operating seven days per week and fully-managed on weekends, it is a simple business that can be run by a lean yet efficient team- currently supported by two full-time and two part-time staff, as well as an owner-operator.

Its sought-after site is secured under a long-term lease expiring in 2027 and with options to renew. Monthly rent is only $6,193.84, including all outgoings for the year.

Overall, this business presents a turnkey acquisition opportunity suited for a new or experienced operator seeking a profitable and straightforward business.

To learn more about this listing, contact Gerry or Nick today!

Listing ID: ME03097
Brokers: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03097
Timestamp: XXXXXXXXXX 0003

What's Nearby

Contact Seller
LINK Business Melbourne LINK Business Melbourne

Bsale ID: 654516