Licensed Cafe with Multiple Income Streams – Inner West Melbourne, VIC
West Melbourne VIC
Last asking price $95,000
Sold March 2023
Food & Drink
Business ID: BS148714
Three Businesses in One – Excellent Profits and Loyal Customers!
Established in 2018, this popular Licensed Cafe offers multiple income streams and has continued to grow and profit during lock downs. With plenty of indoor and outdoor seating – and a large retail space, this business is quite different to its competitors and is a unique opportunity not to be missed.
-Loyal base of regulars & returning customers
-Large range of clients, mostly young families, grandparents, business meetings
-Taking over $12,000 a week.
-9-year lease with easy renewal (3-year blocks) – $935/ week
-Seats 50 inside & 16 outside – rear carpark has potential to be turned into more outdoor seating.
-Close to public transport (station, bus terminal, taxi rank)
-Owners are happy to stay on to train a new owner to ensure a smooth handover
-All equipment owned not rented, including coffee machine.
-Selling with all stock on hand and equipment.
Largely self-managed this business would ideally suit someone who already owns multiple cafes or has hospitality industry experience.
With extensive future opportunities such as Evening Dinner Service, Cocktail Nights, Bottomless Brunch or even use as exhibition space for local artists, cooking classes, corporate events & more. Already well established this business is ready to go and a new owner can jump in and hit the ground running.
Price: $95,000 ONO
Property Code: 2572