Profitable Modern Cafe for Sale | Prime Location with High Growth Potential in Mulgrave VIC, 3170 | SEEK Business

Profitable Modern Cafe for Sale | Prime Location with High Growth Potential

25 days ago

 

Internal Ref: B14819

Summary

*UNDER OFFER* This newly established and spacious cafe presents an exceptional opportunity for those seeking a thriving business in the hospitality industry.

Revenue

$6,500 pw

Rent

$1,336 pw

Location Details

Situated in a new commercial building, surrounded by businesses and offices, the cafe benefits from a strategic location that attracts a steady flow of customers

Hours

5 Days; Mon - Fri 7am - 4pm

Lease

5x5x5 Commenced 1/10/2023

Employees

1 FT Owner, 2 PT Staff, 1 Casual Staff

Reason for Sale

Family Reasons

About the Business

* UNDER OFFER*
This newly established and spacious cafe presents an exceptional opportunity for those seeking a thriving business in the hospitality industry. Opened in October 2023, the cafe has quickly built a loyal customer base, achieving impressive weekly takings of $6,500.

The modern fit-out, valued at $300,000, features a stunning Maestro kitchen as the centrepiece, providing a unique dining experience where dishes are meticulously prepared in front of guests. The cafe comfortably seats up to 60 patrons inside, with additional outdoor seating for 10 or more, making it ideal for both regular service and private functions.

Operating five days a week, Monday to Friday from 7 am to 4 pm, the cafe offers a balanced work schedule with potential for increased revenue by extending trading hours or introducing weekend service. The current team comprises one full-time owner, two part-time staff, and one casual staff member, ensuring smooth daily operations.

Situated in a new commercial building, surrounded by businesses and offices, the cafe benefits from a strategic location that attracts a steady flow of customers. The lease, commencing on October 1, 2023, includes favourable terms with options of 5x5x5 years and rent of $1,336 plus GST per week, with outgoings included. The premises will be rent free up to 31st of August 2025, hurry to enjoy as much of this rent free period as possible- make an offer today.

The menu showcases a delightful fusion of Vietnamese and Western cuisines, featuring popular dishes such as Pho, Banh Mi, and Broken Rice, all crafted with Australia's finest seasonal produce. The cafe also offers tailored menus for private functions and events, enhancing its appeal as a versatile dining venue.

Due to family reasons, the current owner is seeking a passionate individual to take over and continue the cafe's success. This is a turnkey operation with significant growth potential, ideal for someone looking to make their mark in the cafe scene.

For more information or to arrange an inspection, please contact:
Chris & Elle's Team
0433 582 533 or 9566 7300
elle@absolutebb.com.au

Don't miss this unique opportunity to own a flourishing cafe with a strong foundation and ample room for expansion.

Ref: B14819

Contact

Elle Likopolous

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