Listing status: Inactive

Payment not completed Reason: Not - Selling Anymore

Café and Catering Business for Sale

Industry: Professional - All, Professional - Brokerage, Professional - Finance, Professional - All, Professional - Brokerage, Professional - Finance | Listed by: Kerr Capital

Cafe & Catering in exclusive Eaglemont. First time offered for sale in 19 years. Performing better than ever. Outstanding opportunity to continue to build this as The Local.


Key Strengths:

  • Established in upmarket suburb on unique, heritage shopping strip
  • Lease includes an upstairs 2 bedroom self contained apartment that could be rented or lived in by new business owners
  • Revenue is better than ever but still with real opportunities for a new and energised ownership team

About the business

Café & catering business established by the current owner on the heritage Eaglemont shopping strip.

it’s the first time offered for sale.

The modern cafe is the default ‘local’ and seats 40-45 inside, and up to 12 outside. Incorporates a functional commercial kitchen and plenty of storage space.

With a secured lease in place for 8 years with potential to add option(s). Note the lease includes an upstairs 2 bedroom flat.

Highlights:

  • Currently open 6 days only (Monday – Saturday)
  • Revenue circa $18K per week
  • 20KG - 25KG (approximately) coffee per week
  • 8 years (including option) left on 2 leases. Potential to add a further option(s)
  • Lease 1 includes a 2 bedroom flat above the café which could be lived in or rented at around $400 per week
  • Spacious premises seat about 40-45 indoors and up to 12 outdoors
  • The cafe is well equipped, with modern equipment, a functional commercial kitchen and a large number of storage spaces
  • Rear access is available for deliveries
  • Situated next to Eaglemont Train Station
  • Ample public car parking around the cafe
  • Beautifully presented cafe with great heritage charm
  • This is very strong and stable business for the current owner but there are a range of opportunities to increase revenues including
    • Opening 7 days
    • Resuming full breakfast service (this was scaled back in 2020)
    • Home deliveries
  • Owner moving and now selling for the first time
Know someone that could be interested in this?
Asking Price:
$150,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3084

Locality

Melbourne - North East

Established on
January 2002

Revenue

$$17K - $18K per week (ex GST) - up 23% on last year

EBITDA

$Contact the business

No. of employees

Lease period

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Stock


Contact Details Verified

Email Broker Verified

Advertiser Details
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Victoria
Australia
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