This well-established café, operating for over 22 years, presents a fantastic opportunity for prospective buyers seeking a profitable venture with solid growth potential. Located in the heart of South Yarra, the business boasts impressive annual takings of $624,000 and a rent of $9,195 per calendar month, including GST, under a secure 5-year lease with an option for a further 5-year term.
Key Highlights: - Takings: $624,000 annually - Rent: $9,195 per month (including GST) - Lease: 5 years, commenced February 2023, with an option for another 5 years - Established: 22 years with current owners for 2 years - Staff: 2 part-time owners, 1 full-time staff, 3 part-time staff, and 1 casual - Seating: 30 inside, 28 outside - Licensing: Fully licensed until 11 pm - Management: Vendors not working in the business due to other business commitments.
This café is perfect for those seeking a business with a strong reputation, a loyal customer base, and the option to expand further. With a beautiful setup and steady customer traffic, the potential for growth is clear. The café offers a mix of indoor and outdoor seating, providing a great environment for patrons to enjoy high-quality coffee and meals, and the fully licensed bar adds to its appeal.
The current owners are offering a smooth transition, and with part-time owners and a dedicated team in place, it operates effectively with minimal day-to-day involvement. This is an excellent opportunity for investors or individuals looking to take a hands-off approach with a strong foundation already in place.
For Further Information or to Arrange an Inspection: Please contact Chris and Elle’s Team at Absolute Business Brokers:
Phone 0433 582 533 or 03 9566 7300 Email: elle@absolutebb.com.au
Singapore 
