Summary
An opportunity to take over a new lease with this cafe asset sale. The cafe has a modern fit-out, newly renovated kitchen and very loyal customers. Exciting growth potential & an unmatched price.
Revenue
$23,250 pm
Rent
$1,300 pm
Location Details
Shop 3/17 Laycock Street
Located in the Carey Bay Shopping Village next to a new Foodworks. The Village contains a large daycare, a Vintage boutique, modern hair salon, skin clinic, laundry mat, fresh seafood shop, Chiropractor, bottle shop, and across from a preschool.
Potential
Well-loved cafe beside a brand-new supermarket, in a bustling shopping village. Marketing efforts have already shown strong returns, with real potential value in expanding local campaigns, signage & social media presence. With a functional kitchen, large, welcoming space and a loyal following, there’s great potential for growth in catering, adding more baked goods, food delivery, events and opening for service on the weekend. Locals have been excited by the idea of evening service with a liquor license - an untapped opportunity.
Skills
No formal qualifications required, but barista skills, basic cooking experience, and confidence with customer service will help. This cafe suits a hands-on owner-operator comfortable with food prep, staff rostering, ordering, and using POS systems. A passion for hospitality, community connection, and attention to detail will go a long way in maintaining and building on the cafe’s strong local reputation. A fresh energy and excitement for being open as a community space will also go a long way.
Hours
Currently trading Mon-Fri. Weekends are highly demanded but we have run with a small team so decided to focus on balance
Lease
Our lease ends in June, so we aim to sell before then with our supportive landlord eager to sign with a new lease.
Employees
Day-to-day operations are managed with 2 main staff (one barista and another in the kitchen - both sharing FOH duties). 3 staff works well on thursday/friday - making it simple to run with a small team. As an asset sale, no staff will be staying on.
Reason for Sale
After years of nurturing and growing this cafe (starting as complete rookies), we are ready to step back into our careers of passion (tiling, therapy, medical science and dance) while also as the owners - starting our own family. With the lease coming to an end, it feels like the perfect time to transition, knowing we’ve continued to uphold high standards and care in the day-to-day. We’re proud to be handing over a well-loved business in great shape, ready for its next exciting chapter.
About the Business
This well-established cafe has become a much-loved part of its community, offering high-quality coffee, fresh food & a welcoming space for connection. Known for its friendly service, modern styling & warm atmosphere, the cafe caters to a loyal base of locals, professionals, parents, retirees, local business workers & even the regular bridge club players.
Although we provide incredible food, drinks, coffee and sweets - we have decided to proceed with a 'asset sale' to preserve the efforts we have made with the community and give the next owners the space to bring their own vision to life, knowing they have the good will that comes with the location and previously set high-quality serve. This asset sale over business sale is reflected greatly in the price.
With a full commercial kitchen, a refined aesthetic & prime positioning beside a new supermarket, daycare, preschools & local businesses, the cafe is uniquely placed for continued growth. It currently trades Mon-Fri, 7am-2pm (Mon to 12pm), having previously run six days a week. It continues to uphold a strong reputation & high standards of service.
Since deciding to close on Saturdays we are actually averaging only about $500-1000 less revenue a month which demonstrates the weekday growth we've made this financial year since deciding to focus on balance over expansion when we closed Saturdays and committed to a small team.
This business is not only warm & well-loved but also offers solid foundations & long-term potential. It presents a valuable investment for the following reasons:
1. Immediate Revenue, No Setup Costs
Fully equipped & operational from day one - skip $80K-$150K+ in setup costs.
2. Low Overheads
Affordable rent ($1,300/month) + rates & lean running costs.
3. Lifestyle-Friendly Model
Small team of 2-3. Great for an owner-operator or couple passionate about hospitality.
4. Strong Local Loyalty
Loved by the community as a convientient location away from Toronto main cafe hub.
5. Modern Fit-Out & Renovated Kitchen
Warm, inviting design & a 2022 commercial kitchen upgrade.
6. Untapped Market Potential
Evening trade, catering, events & retail expansion ready to grow.
The cafe also comes with quality commercial equipment, a Square Eftpos terminal and iPad, furniture, current stock. The lease is affordable & flexible, with a supportive landlord open to a smooth handover.
Whether you’re an experienced operator or someone seeking a lifestyle-driven business, this is a rare opportunity to walk into a very affordable cafe space ready for business.
History
Originally established over 11 years ago by coffee-loving founders, the cafe was reimagined and rebranded under our ownership after we took over in 2021. We invested in renovations, built a full commercial kitchen, refreshed the aesthetic, and focused on building strong community ties. Since then, the cafe has continued to thrive as a welcoming hub for locals, with consistent quality, a loyal following, and plenty of room for continued growth.
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