Cafe - Flinders Lane

Melbourne, Australia
Asking Price: On Request
Business For Sale Details
Listed on Jun 29, 2024(Renewed on Aug 13, 2024)

Broker is exclusively retained to find a purchaser for this well-established Melbourne CBD based Licensed Cafe. Located in a busy and highly sought after laneway location with great exposure, in a high foot traffic vibrant precinct. Having successfully served the local community for over 20+ years, the cafe has established itself as a popular destination for coffee enthusiasts and brunch aficionados alike. The business has created a strong and distinct brand offering a range of artisan coffee and brunch fare with food prepared only using the finest seasonal produce and freshest ingredients. This business is poised to grow by extending opening hours through to include dinner service and evening drink service.
“This isn’t just a café: it’s an out-of-Melbourne experience.”
Operational Excellence: A key component of the cafe's success lies in its experienced and dedicated team of four staff members. The staff's passion for quality service and commitment to providing an exceptional customer experience have been instrumental in fostering a loyal customer base and attracting customers.

Solid goodwill & reputation
Established brand & business process
Exciting growth potential
Award Winning business
Loyal & Affluent Customer Base
Experienced & Capable Staff
Open Days/times: Monday-Friday: 7am-3pm, Saturday-Sunday: 8:30am-3pm

TIME OUT SAYS
Housed within the City Library and CAE building it’s not surprising that bookish types and students call this place home. Kill time over a latte and a newspaper at the large communal tables or share a tomato and buffalo mozzarella bruschetta with friends at the couch seating along the wall.

BROADSHEET MELBOURNE SAYS
It's the smell of rich Italian coffee, fresh produce, and the unique sense of community that makes cafe one of Melbourne's best places to unwind.

BUSINESS OVERVIEW:
Annual Turnover: Approximately $1,300,000 (inc GST)
Net Profit: Circa $200,000
Years in Operation: 20+ years
The premises benefits an On-Premise 11pm alcohol license for 83pax

KEY HIGHLIGHTS:
1. Financial Success: The coffee shop has consistently achieved a noteworthy annual turnover of approximately $1,300,000, resulting in a net profit of around $200,000.
2. Experienced Team: The coffee shop is semi- managed by the owner, complemented by a dedicated team of 7 part-time staff members.
3. Secure Premises: Benefit from a secure lease with an impressive 6 years remaining, ensuring stability and an advantageous business environment, on an annual rent of $65,000 per annum.
4. Top-Ranked: Enjoy the distinction of being ranked No.1 in the area on platforms like Trip Advisor, outshining many competitors. This attests to the coffee shop's outstanding reputation and customer satisfaction.
5. Ample Seating: Boasting a seating capacity of 38 indoors, with the added advantage of accommodating up to 20 patrons outdoors.
6. Premises: Occupying a spacious double fronted shop, the coffee shop benefits from high visibility and ample foot traffic.
7. Brand Identity: The business has successfully established a robust brand identity, complete with a trademark, contributing to its recognition and customer loyalty.

This is an exceptional chance to acquire a well-regarded coffee shop business that has already demonstrated a strong track record and room for further growth.

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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

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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