Modern Café and Catering Business for Sale

Outstanding opportunity to acquire a 19 year old café and catering business

Industry: Food/Hospitality - Café/Coffee Shop, Food/Hospitality - Catering | Listed by: Kerr Capital

KEY STRENGTHS

  • The cafe is well equipped, with modern equipment, a functional commercial kitchen and a large number of storage spaces
  • Performing better than ever there are a range of options to increase revenue and profits
  • Beautifully presented cafe with great heritage charm

ABOUT THIS BUSINESS

Outstanding opportunity to acquire a 19 year old café (with a rapidly growing base of customers buying takehome prepared meals) and catering business.
 
It’s the first time the business has been available to buy. While it’s performing better than ever there are a range of options to increase revenue and profits.
 
Situated in Eaglemont, one of Melbourne’s most exclusive suburbs, on the charming, heritage Eaglemont shopping strip. Plenty of parking available.
 
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.
 
Includes:
  • Currently open 6 days only (Monday – Saturday)
  • Revenue (based on most recent 3 months);
    • has averaged between $17K and $18.5K per week
    • is approximately 20% up on the same 3 months in 2020
  • 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 rented at around $400 per week
  • Cafe is a key part of the historic Eaglemont Village
  • 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
Offers above $300,000. Owner ready for a quick handover.

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Business Name / Ref

Modern Café and Catering Business

Asking Price

$300,000


Revenue

Average between $17K and $18.5K per week


Year Established


No. of Employees

Contact the business


Gross Profit

Contact the business


Fixtures

Modern equipment, a functional commercial kitchen and a large number of storage spacest the business


Stock

Contact the business


Lease

Contact the business


Trading Hours

Contact the business


Website


Contact Details

Call Mi.....

Location

13/397 Smith Street
Fitzroy, Victoria
3065, Australia

Advertiser Details

Business Brokers and Advisors

Location

13/397 Smith Street
Fitzroy, Victoria
3065, Australia

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All Comments

Modern Café and Catering Business for Sale ListingImage
Key Strengths
  • The cafe is well equipped, with modern equipment, a functional commercial kitchen and a large number of storage spaces
  • Performing better than ever there are a range of options to increase revenue and profits
  • Beautifully presented cafe with great heritage charm
About this business
Outstanding opportunity to acquire a 19 year old café (with a rapidly growing base of customers buying takehome prepared meals) and catering business.
 
It’s the first time the business has been available to buy. While it’s performing better than ever there are a range of options to increase revenue and profits.
 
Situated in Eaglemont, one of Melbourne’s most exclusive suburbs, on the charming, heritage Eaglemont shopping strip. Plenty of parking available.
 
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.
 
Includes:
  • Currently open 6 days only (Monday – Saturday)
  • Revenue (based on most recent 3 months);
    • has averaged between $17K and $18.5K per week
    • is approximately 20% up on the same 3 months in 2020
  • 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 rented at around $400 per week
  • Cafe is a key part of the historic Eaglemont Village
  • 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
Offers above $300,000. Owner ready for a quick handover.

Revenue:Average between $17K and $18.5K per week

Year Established:

No.of Employees:Contact the business

Gross Profit:Contact the business

Fixtures:Modern equipment, a functional commercial kitchen and a large number of storage spacest the business

Stock:Contact the business

Lease:Contact the business

Trading Hours:Contact the business

Website:

$300,000