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Spacious Takeaway Business inside a Popular University – Ref: 14857
Summary
Annual sales of $1million+ with strong profitability - 40kg coffee per week - Run under full management - Great rent at $32,000 + GST - Seats 70 patrons across indoor, courtyard, and outdoor areas
Location Details
128 Mansfield Street
About the Business
Every iconic suburb deserves its landmark venue, and Jerry Joy Cafe is exactly that for Thornbury. Renowned for its specialty coffee, delectable food, and welcoming atmosphere, this beloved cafe has been an institution in the community since 2006.
Nestled in the heart of Thornbury, this cafe occupies a historic corner milk bar site and is a true gem in the area. Easily recognizable by its stylish black-and-white awnings and expansive window frontage, Jerry Joy is bathed in natural light, creating a bright, inviting space. Step inside to discover a chic, minimalist interior featuring white walls, subway tiling, pale timber floors, and retro lighting, exuding a timeless cool vibe.
The menu strikes the perfect balance between crowd-pleasers and allergy-friendly options, complemented by a charming glass display cabinet brimming with irresistible house-made treats like caramel slices and brownies. Jerry Joy’s coffee is legendary, serving up an impressive 40kg of beans weekly—easily some of the best brews in Thornbury.
With a versatile floor plan accommodating up to 70 patrons (inside, in the courtyard, and on the footpath), the cafe is also a go-to destination for group bookings and private functions. Its fully equipped commercial kitchen includes a prep area, cool room, grease trap, grills, flat hot plate, canopy, and ample storage, ensuring seamless operations.
BUSINESS HIGHLIGHTS:
• Annual sales of $1million+ with strong profitability
• Coffee volume: 40kg per week
• Run entirely under full management
• Long lease in place with further terms available
• Simple, high-margin menu - excellent for profitability
• Affordable rent at $32,000 + GST + outgoings annually
• Open weekdays 7:30 am–3:00 pm & weekends 8:00 am–3:00 pm
• Seating capacity up to 70 patrons across indoor, courtyard, and outdoor areas
• Modern fit-out - Stunning design and well-maintained equipment
• Outstanding reviews, strong social media following, and excellent community support
• State Winner 2024 at the Awards for Excellence for Casual Dining
• Smooth transition: Full training and procedures in place for a seamless handover
PRICE: $350,000 - $400,000 + Stock
With consistent turnover and untapped growth potential, Jerry Joy Cafe is a standout opportunity for investors or hospitality entrepreneurs looking to acquire a proven, profitable business with a stellar reputation. Genuine vendor motivated to sell—don’t miss your chance to own this iconic cafe.
Call Marc on 0412 359 907 for more information or to arrange an inspection
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