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Trendy City-fringe Cafe | Bar | Restaurant For Sale

Southbank, Victoria, Australia
Asking Price:
On request
Sales Revenue:
$1,248,000 (AUD)
Cash Flow:
Undisclosed

Trendy city-fringe cafe | Bar | Restaurant – Fully managed | Strong turnover

*Expressions of Interest*

An exceptional opportunity to secure a stunning hospitality venue combining cafe culture, premium dining, cocktails, entertainment and strong weekly turnover - all under one roof.

This vibrant and modern cafe, restaurant and bar has built a strong reputation for its welcoming atmosphere, quality food offering and versatile day-to-night trade. Offering everything from premium brunch and cafe favourites through to cocktails, wood-fire pizzas and live entertainment, the business has become a popular destination for casual dining, functions, group bookings and weekend crowds.

The venue features a stylish contemporary fit-out with seating for approximately 200 patrons across indoor and outdoor dining areas, creating an energetic and inviting environment with broad customer appeal.

Currently operating fully under management, the business generates consistent weekly takings of approximately $24,000+ with strong coffee sales averaging approximately 18kg per week.

Key Features:
Fully managed operation
Approx. 200 indoor & outdoor seats
Weekly takings approx. $24,000+
Rent approx. $2,467 per week
Strong coffee sales averaging 18kg per week
Wood-fire pizza offering
Liquor licence in place
Live music & entertainment nights
Stunning modern fit-out
Strong social media presence & online reviews
Broad, versatile menu with strong repeat clientele
Long secure occupancy under licensed agreement
Suitable for owner operators, hospitality groups or investors

Large hospitality venues with this level of fit-out, atmosphere and diversified income streams are difficult to find. With strong foundations already in place, this business offers genuine potential for further growth through functions, events, expanded trading and marketing initiatives.

Ref: B15073

Property Information

Real Estate:

Lease

Lease Terms:

7 years commenced June 2024 plus 1 further term of 5 years

Leasehold Rent:

$128,284 (AUD) per annum

Premises Details:

Approx. 200 indoor & outdoor seats, modern fit-out

Business Operation

Management type:
This business has absentee ownership.