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Profitable Dual-Site Melbourne Cafe Business For Sale

Malvern East, Victoria, Australia
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
$1M - $5M (AUD)
Net Profit:
$250K - $500K (AUD)

Two thriving Melbourne cafes. One award-winning toastie brand. A ready-made hospitality business with serious growth potential.

Why build a cafe brand from scratch when you could take over two established venues, a recognised signature product and a business model already designed for expansion?

Meet TOAST IT! – a distinctive Melbourne hospitality brand bringing together gourmet toasties, specialty coffee and a refreshingly simple approach to cafe ownership. With two successful locations, an established customer following and a streamlined operating model, this is an exciting opportunity to acquire more than just a pair of cafes. You're buying into a brand with its own identity, proven appeal and room to grow.

And the toasties aren't just popular – they're award-winning! TOAST IT! recently took out Nova 100's Best Toastie in Melbourne competition, earning recognition on the Jase, Lauren and Clint Breakfast Show. It's the kind of publicity that helps a hospitality brand stand out, giving an incoming owner a compelling story to build on.

The winning formula is beautifully simple. Premium sourdough toasties, creative flavour combinations and barista-quality coffee form the heart of the menu, complemented by kids' options and gluten-free, vegetarian and vegan choices. A focused offering helps keep food preparation efficient, minimise waste and maintain consistency, while giving customers plenty of reasons to return.

Better still, TOAST IT! has already established a strong presence beyond its physical stores. Both venues perform well on Uber Eats, reportedly ranking within the top 20% of store sales across Australia and New Zealand. With a menu perfectly suited to takeaway and delivery, buyers can step into an established digital sales channel rather than having to build one from the ground up.

Behind the scenes, the business is equally appealing. Shared suppliers, documented recipes, established procedures and a trained team of baristas and floor staff support consistent operations across both venues. The business also comes with an established brand identity, intellectual property, equipment, fitouts and stock on hand, offering an attractive turnkey package for an incoming owner.

Whether you're an ambitious owner-operator looking to take on a larger hospitality business or an experienced group ready to add a distinctive concept to your portfolio, TOAST IT! offers an exciting opportunity to take an established Melbourne brand to its next chapter.

Two cafes. One award-winning brand. Your opportunity to make it bigger.

Expressions of Interest are invited for the complete TOAST IT! business. Enquire today to access further financial information, site-by-site trading details and the Confidential Information Memorandum.

Property Information

Real Estate:

Lease

Lease Terms:

Secure leases in place.Enjoy the confidence of established lease arrangements across both Melbourne locations, providing continuity and a foundation for future business planning.

Moorabbin – Tuck Street
A renewed lease runs through to April 2031, with exceptionally low rent relative to turnover. This attractive occupancy arrangement is a significant advantage for buyers seeking to maximise operating efficiency.

Malvern East – Waverley Road
The existing lease runs until December 2028, with a further three-year option extending to 2031.
Together, these lease arrangements provide valuable longer-term occupancy options across both venues.

Location:

Benefit from two established Melbourne locations, each serving a different customer market and bringing its own strengths to the business.

Moorabbin – Tuck Street
The original TOAST IT! store is positioned in an evolving industrial precinct that has become a popular destination for breweries, eateries and creative businesses. This changing commercial landscape provides access to a mix of local workers, businesses and visitors, with the area's ongoing transformation creating an attractive setting for a distinctive daytime food and coffee offering.

Malvern East – Waverley Road
The second venue enjoys a prominent position within a busy neighbourhood shopping strip, serving an established residential community alongside passing commuter traffic. Its combination of local residents, regular customers and convenient street-side accessibility creates an appealing environment for repeat coffee and food purchases.

Together, these two locations give buyers exposure to different Melbourne customer catchments, helping spread trading activity across two established sites.

Premises Details:

Step into two established, fully fitted hospitality venues designed around the efficient preparation and service of gourmet toasties and specialty coffee.

Both cafes benefit from practical kitchen and service areas that support fast preparation, takeaway orders, dine-in customers and delivery demand.

The Malvern East venue offers a generous cafe footprint, while the Moorabbin store benefits from an efficient operating setup suited to its busy commercial surroundings.

The sale includes significant fitouts and equipment, combining owned plant and leased equipment to support continued operations. Buyers can benefit from established premises without having to develop and fit out two new hospitality locations.

Business Operation

Expansion Potential:

Take an already established two-site brand and explore multiple opportunities to increase revenue, reach new customers and expand its footprint.

Extended Trading Hours – Explore later weekday and early-evening service to capture additional commuter, after-school and dinner trade where local demand supports it.

Delivery Growth – Build on the business's existing Uber Eats performance through targeted promotions, menu optimisation, customer retention initiatives and potential direct-ordering channels.

Corporate Catering & Events – Introduce toastie platters, coffee packages and group-order offerings for nearby businesses, schools, sporting clubs and private functions.

Menu Development – Explore complementary products such as cold beverages, retail coffee beans, snacks and additional grab-and-go options while retaining the brand's successful core offering.

Marketing & Customer Loyalty – Capitalise on the Nova 100 award, established brand recognition and social media presence through loyalty initiatives, targeted local campaigns and customer engagement.

Further Locations – With two operating venues, shared suppliers, documented recipes and repeatable systems already in place, the business provides a foundation to explore additional company-owned locations, licensing or future franchising opportunities.

Competition / Market:

Stand out in Melbourne's competitive cafe market with an established brand and an award-winning signature product.

TOAST IT! has built a distinctive position around gourmet toasted sandwiches, specialty coffee and a focused menu that delivers quality without the complexity of a full-service restaurant.

Recognition as the winner of Nova 100's Best Toastie in Melbourne competition provides an additional marketing advantage, while established delivery partnerships and a loyal local following strengthen the brand's presence beyond its physical locations.

For buyers looking to enter or expand within Melbourne's quick-service restaurant market, TOAST IT! offers an established concept with a recognisable identity and a differentiated product offering.

Trading hours:

Both cafes operate a daytime-focused trading model, offering an appealing alternative to hospitality businesses reliant on late-night service.

The streamlined menu and efficient operating format are designed to support busy daytime trading periods while offering an attractive lifestyle proposition for a hands-on owner-operator.

Employees:
Step into an established business with trained teams already operating across both venues, including experienced baristas and floor staff. Consistent operating procedures and shared systems support efficient training and staffing across the two locations, providing a strong foundation for a new owner.

Other Information

Support & training:

Benefit from established operating systems, documented recipes, standardised procedures and existing supplier relationships across both venues.

These resources provide an incoming owner with a practical foundation for understanding the business, maintaining product consistency and overseeing operations across both locations.

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