Greenwich deli, a petite sandwich shop in an old suburban milk bar,
greenwich deli has become the go-to community eatery.
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Boston Brokers are delighted to welcome to the market Greenwich Deli, a highly rated sandwich shop in Newport, Melbourne. This is a superb opportunity to take on a popular and unusually busy local business in an area teeming with customers which still offers potential for further growth.
This is definitely not your average Sandwich Shop!
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Greenwich Deli was first established in 2021, and has been under our client’s ownership since. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.
The business has now come to the open market, albeit reluctantly and with heavy hearts only due to a wish to pursue a change of direction. The vendors are keen to see their beloved Sandwich Shop pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
The restaurant’s location is well known locally and occupies an ideal prominent corner position on a main road into Newport from the north. It is also a short distance from the town centre, ring road, beach, high street retail shops, amenities and bar and restaurants. Newport/Williamstown is a well-respected, highly populated residential location with a demographic of mainly working professionals and families.
Greenwich Deli, Melbourne’s newest backstreet sandwich shop. Housed in a petite 1920s-era pint-sized milk bar, the slick, bright, white and green shop, is serving up salubrious sandwiches like nobody in the neighbourhood. From Wednesday to Sunday, Greenwich serves up daily specials, alongside menu staples like Chicken Salad Sangas, Ham & Cheese Toasties, Tuna Mellt and the main attraction – Pastrami Reuben. Owner is passionate about food and keeps things simple, but done to perfection. Quality is key as they ferment their own ingredients, sourced only from the best local suppliers and deliver fast and fresh. They also sell some fantastic pantry items to take home and try.
Our client purchased the property in 2020 and undertook a substantial brand new refurbishment, fitting the premises out to the high standard it is currently presented in, including high quality fixtures, fittings and equipment that includes a coffee machine and full commercial kitchen, both of which are owned outright.
Greenwich Deli has built a stellar reputation, known for its unparalleled service, exquisite menu, and attention to detail. The business has flourished under their ownership accruing many regular customers and a burgeoning reputation, as seen by the online ratings and reviews. The business has been a real labour of love for them and they have spent much time and money ensuring it is one of the best sandwich shops in the Melbourne, if not Australia.
Key selling points –
• A well-established business with an enviable reputation and many existing customers
• Prime trading position with free parking nearby
• Current owner happy to offer a handover to ensure the continued success
• Ideal owner managed or partnership business
• Affluent area
• All fixtures, fittings and equipment included making this a real Turnkey business opportunity for a lucky new owner.
• With a strong foundation and, an impeccable reputation, this cafe business opportunity for entrepreneurs looking to make their mark in the hospitality industry.
• Such a business and prime premises offers an opportunity for a purchaser to further gain from its existing success, use the premises for a different theme or potentially redevelop the site (subject to building and planning regulations).
• Sale include all IP. Branding, Menus, Website, Socials, etc.
However, what is most exciting about this business is the potential it holds for future owners/investors:
• Long lease with a 10 year option
• Limited Hour operation 5 days
• Extended operating hours to include dinner
• Securing a liquor license
• Introduce a sandwich round delivering to local businesses at lunchtimes
• Develop an outside catering arm to the business
• Huge potential for scaling and franchising
• Full training will be provided by the owner
Internal details
The 80 sqm restaurant features an atmospheric open-plan seating area that currently serves as the main restaurant space accommodating approximately 20 dining customers, and a designated point for food collection.
There are front and side entrances via each corner into the open plan dining area and main servery bar. The main entrance from the high street leads into the main dining area and casual seating area with side access via courtyard.
Additionally, to the outdoor, is more dining space which can also be used as a versatile function room with seating for around 30 people.
The Venue also houses a fully equipped commercial kitchen, restroom facilities. Disabled access is provided.
Fixtures & fittings
All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt. Further detail list can be provided upon request.
The opportunity
We are seeking a serious buyer to take advantage of this opportunity to continue on from the success currently experienced or alternatively place their own mark on this ideally located business site. This is a fantastic opportunity to take over a well performing cafe in the heart of Newport. It is well designed throughout and has a great reputation in the area. The Venue is in A-Grade condition and offers a true turnkey opportunity.
The cafe does not currently hold a premises liquor licence, therefore the introduction of this would give the opportunity to increase sales and turnover.
Change of use would be possible subject to planning.
Staff
The business is currently owner operated with a complement of full and part-time staff.
Further details can be provided upon request.
Trading information
Turnover to 30 September 2023 is $650,000.
Accounting information will be made available to seriously interested parties after a formal viewing. Further information is available upon request.
Trading hours
Wednesday to Friday: 7.30am – 3.00pm, Saturday to Sunday: 8.00am – 2pm
Tenure
The property is held freehold with an agreed lease and rental terms to be negotiated.
New lifestyle awaits
This is an excellent opportunity for a chef and partner team looking for their first business while making a name for themselves or an experienced restaurant owner looking to expand
If interested, please contact the seller through the form on this page. Information package available to all qualified Buyers upon a Non Disclosure Agreement being executed.
