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Profitable Cafe And Wine Bar Business For Sale

Canterbury, Victoria, Australia
Asking Price:
Undisclosed
Sales Revenue:
$858,000 (AUD)
Cash Flow:
Not applicable

*Make An Offer*

Licensed Cafe, Restaurant and Wine Bar Business for Sale with an exceptional location. Occupying a high-exposure corner spot, this cafe is adjacent to the iconic Maling Road shopping district, which attracts thousands of shoppers annually. There is plenty of parking for patrons and this cafe is on the doorstep of the train station.

The cafe is set in a architecturally stunning building, which is well maintained, both inside and out- no expense spared. Seating 23 inside and 14 outside, with a fantastic open floor plan space, lending itself as the perfect setting for functions and venue hire too.

Trading 7 days: Monday to Friday 7am to 4pm and Saturday and Sunday 8am to 4pm as a cafe and restaurant. On Thursdays and Fridays the owners run a vibrant wine bar with drinks, light bites and share plates. The premises is liquor licensed until 11pm. This gorgeous, turn key space comes with a very long, secured lease of 5x5x5x5x5 which commenced in November 2020 and current rent is only $684 per week!

Current owner only works part time in the cafe, with 1 full time staff and 13 casuals, serving an easy to prepare menu. So new owners do not need cooking experience and it perfect for those looking for shorter, flexible hours or investors that cannot commit to long hours, typically seen in hospitality!

Sells approx. 28kg of coffee per week and turns over an average of approx. $14,500- $16,500 per week, with plenty of room to expand into more evenings, private functions and catering.

To add to the long list of qualities, the cafe has a well designed website, range of merchandise and a growing social media account- all of which will be included in the sale.

If you are looking for a space that can adapt to cafe, bar, restaurant and events model with cheap rent and long secured lease PLUS a full team of staff, modern and well designed set up plus short flexible hours for the owner- you will find it hard to beat this opportunity.

The seller is a motivated and genuine seller, who will consider all serious offers- priced to sell.

Ref:B14647

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5x5x5 commenced 1/11/2020

Business Operation

Reasons for selling:

Moving Overseas

Trading hours:

7 Days: Mon-Fri- 7am-4pm. Sat & Sun 8am-4pm

Employees:
1PT Owner, 1 FT Staff, 13 Casual Staff
Years established:
3