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Established Cafe – Prime Neighbourhood Location For Sale

Frankston South, Victoria, Australia
Asking Price:
On request
Turnover:
$260,000 (AUD)
Net Profit:
Undisclosed

Established Cafe – Prime Neighbourhood Location & Growth Potential | Frankston Area

A fantastic opportunity to take over an established cafe in Melbourne's south-east, offering a great local presence, an existing customer base and plenty of room for growth!

Operating for approximately 6 years, this cafe is positioned within a neighbourhood shopping area, surrounded by residential homes and everyday local amenities, providing a convenient destination for locals and passing customers.

Offering a diverse menu of coffee, breakfast, brunch, burgers and casual dining, the business also benefits from established takeaway and online delivery channels, providing multiple revenue streams.

With a strong online reputation and a welcoming atmosphere, this is an appealing opportunity for a hands-on owner-operator looking to step into an existing hospitality business and introduce fresh ideas.

Business Highlights:

Taking approximately $5,000 per week

Rent of $3,841 per month including GST

Lease with a further 5-year option and outgoings of approximately $7,500 per annum

Established for approximately 6 years

Fully equipped and ready to operate

Trading 7 days a week

Currently operated by 2 owners and 2 casual staff

Established takeaway and online delivery presence

Located within a neighbourhood shopping area

Strong online customer reviews

There is plenty of scope to further develop the business through targeted local marketing, menu innovation, community engagement and increased promotion of its existing takeaway and delivery services.

The current owners are relocating interstate, presenting an opportunity for a new operator to take over and build on the foundations already in place.

An excellent opportunity for an enthusiastic hospitality operator looking for an established cafe with potential!

Ref B15159

Property Information

Real Estate:

Lease

Lease Terms:

5x5 commenced 12 April 2024

Leasehold Rent:

$46,092 (AUD) per annum

Business Operation

Management type:
This business is owner operated.