Longstanding Asian Eatery - University Location

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Summary

Located within a popular University, High-performing Asian cafe generating $230,000 in annual net profit with minimal trading days

About the Business

This is a solid opportunity to run a rare, profitable and long-running eatery in Northeast Melbourne.

Operating since 2012, this business offers both takeaway and dine-in, accommodating 100 customers indoors and 50 outdoors from its 200 sqm site. It has become known for its high quality and diverse menu, attracting a loyal customer base and allowing it to exceed $800,000 in annual revenue and a $230,000 net profit-all while trading only five days a week.

The business has low overheads, with rent at $3,800 per month covering all outgoings except electricity and no council rates. It features a fully equipped commercial kitchen (all equipment is owned, except for the coffee machine).

*Taking over $15,000 PW
*Rent $3,800 PM, including outgoings
*200 sqm with 100 indoor, 50 outdoor seats
*Fully equipped kitchen; all plant and equipment are owned except the coffee machine
*Rare strategic university position

Contact John today to secure this highly profitable business before it's gone!

Listing ID: ME03252
Broker: John Zhang
Phone: 0419 366 236
Email: [email protected]
Ref: ME03252
Timestamp: 20250619023003

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