Outstanding South Yarra Entry Level Opportunity

4 days ago

Private Seller Good Bean Espresso Bar

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Summary

Seize this opportunity to step into a successful small café operation in the heart of Melbourne’s best known lifestyle suburb South Yarra. SURELY THE LOWEST RENT YOU WILL FIND!

Revenue

$10,000 pm

Rent

$1,650 pm

Expenses

$3,200 pm

Net Profit

$5,150 pm

Location Details

Shop 2/7 Yarra Lane, South Yarra
Located in a well trafficked laneway surrounded by a good mix of residential and business buildings, adjacent to the South Yarra railway station, and meters from Toorak Rd.

Potential

You won’t find an opportunity that stacks up as well as this does. Here’s your chance to jump into the South Yarra café market with minimal outlay and be in front from day one.
- Currently turning over $2,000 per week in sales, but it has the potential to earn $5,000 per week with the right operator.
- Currently Take Away only
- With summer around the corner, now is the time to get in and make this your
own

Skills

Can continue to operate as is with support from the current owner or put your own stamp on this and make it yours from day one

Hours

Monday to Friday 7am to 3pm

Lease

This must be the lowest rent you’ll find, $1,700/mth on a brand new 3+5+5 year term with only CPI increases.

Employees

The café is currently being run entirely under management with staff who are eager to stay onboard; alternatively for an ambitious operator this is the ideal owner-run business.

Reason for Sale

Current owner keen to move on to their other business ventures and let a new owner take it to a new and exciting level.

About the Business

The business can be operated as is or be reset by a keen operator with fresh ideas to take this store to new and greater levels.
Render of proposed refresh attached in photos.

History

The business has been trading for over 8 years and even survived during the COVID lockdowns.
Current operator took the venue over from the previous owner who retired

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