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The Well Established Theatre Society Cafe For Sale

Footscray, Victoria, Australia
Asking Price:
$60,000 (AUD)
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
Under $50K (AUD)

Brunch Café – Turnkey – Ready to make it your own!

This long established 5-Day Café could be the ideal venue for a new owner, take over and run this café as is or put your own spin on it. This quick service format location has gained a loyal following from local residents and office tenants. Operated and family owned for the last 8 years, this business has all necessary and functioning equipment for a simple operation, making it turn-key ready.
The lease is good for another 6.5 years and many options will be available for well-qualified applicants. The hours are very manageable, and the business only requires two full shifts to operate. The cafe has always been closed on Weekends which could be an opportunity for a new owner to choose to expand the hours to meet your desires.

• Operating breakfast & lunch, seats 16+ patrons indoor, plus footpath dining
• Iconic character filled heritage building
• Floor to ceiling windows, loads of natural light
• Strategically positioned geographically
• Monthly Rent: $2,090
• Excellent parking
• Huge improver

Opportunities for the new owner is to expand to a 3rd party delivery and catering business, online and mobile ordering, reaching to offices and schools for lunch programs as well as social media ads and campaigns for stronger presence in the community.

Nearby operators include: Pie Thief, Bar Josephine, Poon’s Chinese, Littlefoot Bar, Plough Hotel, Ollies Deli, Boutique Jewellers, Florists, & Hairdressers.

Property Information

Real Estate:

Lease

Lease Terms:

Negotiable

Leasehold Rent:

$24,000 (AUD) per annum

Location:

Part Retail/Office, Corporate, Residence, and Students.

Premises Details:

Located with a Heritage Building, with many residents, boutique retailers and retail/office staff.

Size in square feet:
40 sqm

Business Operation

Expansion Potential:

Open 7 days, with more menu items and beverage options.

Competition / Market:

Little

Trading hours:

Monday- Friday 7am-2pm

Employees:
2 Full Time
Years established:
15

Other Information

Support & training:

Yes

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