Eclectic North Melbourne Cafe

North Melbourne, Australia
Asking Price: On Request
Business For Sale Details
Listed on Sep 16, 2024

Broker is thrilled to present a prime chance to acquire a well-established and profitable upmarket café located in the heart of North Melbourne. This thriving café offers a unique business model with a proven track record, making it an ideal investment for both seasoned restaurateurs and enthusiastic newcomers.

Why This Café Stands Out:

Prime Location: Nestled in North Melbourne's vibrant district, the café benefits from high foot traffic and a strong local customer base. Positioned near Melbourne General Hospital and surrounded by popular food and bar venues, it enjoys steady patronage from both locals and professionals.

Charming Ambiance: Featuring a warehouse-style fitout with rustic chic décor, the café's inviting atmosphere is complemented by approximately 60 indoor seats and additional outdoor seating for 20+ patrons.

Fully Equipped: Includes a well-maintained commercial kitchen with top-notch equipment, ready for immediate operation.

Long Lease: Secure 5+5-year lease at an attractive rental rate of $8,700 per month.

Growth Potential: With current operations focused on breakfast and lunch, there are significant opportunities to expand into dinner service, local delivery, online ordering, and private events.

Versatile Appeal: Ideal for a chef-owner operator or as a valuable addition to a restaurant group's portfolio. The café’s stellar reputation offers a strong foundation for continued success and growth.

Financial Highlights:

Turnover: $1,600,000 with impressive net profits. Detailed financials available upon request.
Additional Opportunities:

Dinner/Wine Bar Concept: Explore new revenue streams by extending operating hours or introducing a dinner service.
Private Events & Catering: Leverage the café’s reputation to host events and offer catering services.
Don’t miss this chance to own a standout café in one of Melbourne’s most sought-after locations. Due to the exclusive nature of this listing, interested parties will need to sign a non-disclosure agreement (NDA) to access detailed information.

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales Not Disclosed

Converted From AUD

Exchange Rate $0.67

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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