Degani Uni Hill Bundoora for sale -$595,000

About the Opportunity

Degani Cafe - Prime Uni Hill Bundoora Location | Strong Profit | Modern Fit-Out
Asking Price: $595,000 + SAV
An excellent opportunity to acquire an established Degani cafe in the heart of Bundoora's Uni Hill precinct, positioned opposite DFO Uni Hill and surrounded by strong retail, education, accommodation and local residential activity.

The cafe presents exceptionally well following a major renovation and complete modern fit-out approximately two years ago, with around $550,000 invested. The business is currently operated by a husband-and-wife team and delivers an adjusted net profit of approximately $334,842.
With the strength of the Degani brand, ongoing head-office training and support, and a secure lease structure with 5 years remaining plus a further 7-year term, this opportunity could suit an experienced owner-operator, husband-and-wife team, investor or first-time hospitality buyer.

Business Highlights
Adjusted Net Profit: Approx. $334,842 - based on husband-and-wife operation
Annual Rent: $144,998
Asking Price: $595,000 + SAV
Lease: 5 years remaining + further 7-year term
Approx. $550,000 invested in a complete renovation and modern fit-out
Established and recognised Degani cafe brand
Degani head office provides training and ongoing support
Excellent position opposite DFO Uni Hill
Close to RMIT University Bundoora Campus
Close to La Trobe University Melbourne (Bundoora) Campus
Located within a busy Coles-anchored shopping precinct
Quest Bundoora accommodation nearby
Surrounded by specialty retail, service businesses and established residential areas
Nearby EV charging facilities and customer parking
Major development activity currently underway within the broader Uni Hill Town Centre precinct
Strong potential to further grow university, student, local, takeaway, delivery and catering trade
Opportunity to Grow
The business already benefits from a strong trading position, but there remains further upside for an energetic operator.
Potential opportunities include stronger local-area marketing, university-focused promotions, corporate and office catering, takeaway and delivery growth, grab-and-go offerings, and greater engagement with surrounding businesses, residents and the wider education community.
The quality of the recent renovation also means a purchaser can step into a modern, well-presented cafe without the need for substantial immediate fit-out expenditure.
Prime University Hill Location
The cafe benefits from a diverse customer base including students, university staff, shoppers, office workers, local residents, hotel guests and visitors.
With DFO Uni Hill opposite, Coles and specialty retail nearby, RMIT University Bundoora and La Trobe University Melbourne (Bundoora) within the surrounding catchment, and Quest Bundoora nearby, the business is well positioned to capture trade throughout the week.
Asking Price: $595,000 + SAV
For further information or a confidential discussion, contact:
Sumit Gupta
0433 058 571
Magicbricks Business Brokers
www.magicbricks.com.au