Summary
This established café in Spring Hill is an opportunity to get in to a great space and building with a great kitchen.
Revenue
$8,250 pw
Net Profit
$1,250 pw
Location Details
.Positioned within a building under new landlord management
Potential
This is a business for an owner-operator prepared to take the reins and hold strong through a period of building-wide improvement. With the landlord actively working to fill vacant tenancies in the building, foot traffic and trading conditions are positioned to strengthen over the life of the secured lease. Buyers get an already-profitable, steady-trading café with a long lease runway, established equipment, and genuine upside as the building's occupancy climbs — enquire now to secure this opportunity ahead of that uplift.
Hours
5 dayts a week 7am to 2pm
Lease
Secure lease: 3 years remaining on the current term (to 30 June 2029), plus a 5-year option through to 2034.
Reason for Sale
Owner selling to focus on his espresso bar brand. Approx. $50,000 of equipment/assets included, in good condition. Building currently at ~30% occupancy; landlord (new management) actively working to fill remaining tenancies, expected to lift foot traffic. Wages ~35% of sales (incl. super and WorkCover). Sales trend steady/stable year-round, underpinned by the medical centre precinct above. Business also generates ancillary income from kitchen/equipment hire (~$16k/yr) and management fee income.
About the Business
This established café in Spring Hill is an opportunity to get in to a great space and building with a great kitchen. Currently under management it offers a clear path for an owner-operator to step in and take direct control of returns. The business turns over roughly $8,250 per week net ($429,000 annually), delivering an annual net profit of $65,000 with add-backs under the current management structure.
KEY HIGHLIGHTS –
Weekly net turnover of ~$8,250 ($429,000 annualized) in a building with high vacancy and a landlord actively working to fill leases. The building is relatively new.
under management — ready-made for an owner-operator to take direct control and grow returns. Secure lease: 3 years remaining on the current term (to 30 June 2029), plus a 5-year option through to 2034.
Base rent ~$107,000/year (~25% of sales), plus outgoings and 2 car parks.
Wages at ~35% of sales (inclusive of superannuation and Workcover).
Approximately $50,000 of equipment and assets included in the sale, in good condition. Positioned within a building under new landlord management actively working to lift occupancy from ~30% toward full capacity — a meaningful tailwind for future trade.
OPPORTUNITY This is a business for an owner-operator prepared to take the reins and hold strong through a period of building-wide improvement. With the landlord actively working to fill vacant tenancies in the building, foot traffic and trading conditions are positioned to strengthen over the life of the secured lease. Buyers get an already-profitable, steady-trading café with a long lease runway, established equipment, and genuine upside as the building's occupancy climbs — enquire now to secure this opportunity ahead of that uplift.
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