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A Contemporary Asian Street Food Restaurant in Melbourne CBD$149,999(17099)
Internal Ref: B14993
Summary
An excellent opportunity to acquire a long-established licensed cafe located along Glen Huntly Road in Caulfield, offering a strong mix of indoor and alfresco dining.
Revenue
$312,000 pa
Rent
$60,960 pa
Location Details
Located along Glen Huntly Road in Caulfield.
Potential
Clear potential for an incoming operator to reinvigorate and expand trade.
Lease
6 years commenced July 2022
Employees
2 FT Owners
Reason for Sale
Retirement
About the Business
An excellent opportunity to acquire a long-established licensed cafe located along Glen Huntly Road in Caulfield, offering a strong mix of indoor and alfresco dining.
The business has been owned and operated for approximately 11 years and is offered for sale due to the owners’ desire to retire. As a result, the business has intentionally slowed down in recent years, presenting clear potential for an incoming operator to reinvigorate and expand trade.
The cafe is licensed for 88 patrons and features multiple dining zones, including front indoor and outdoor seating, as well as a large enclosed rear courtyard with heating and air-conditioning, allowing for flexible, year-round use. This configuration makes the business well suited to group bookings, functions, and expanded trading hours.
The premises include a full commercial kitchen, providing scope to broaden the menu offering or introduce additional food and service concepts. An upstairs one-bedroom residence with a kitchen and bathroom further enhances the lifestyle appeal for an owner-operator.
This opportunity will suit a hands-on operator or hospitality buyer seeking a well-established cafe with significant seating capacity, a strong location, and genuine upside potential.
For more information or to arrange a private inspection, contact:
Elle Likopoulos
Absolute Business Brokers
Elle: 0481 608 460
[email protected]
Ref: B14993
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