South Melbourne Cafe Gem – High-Traffic, High-Profit, Fully Managed

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Summary

Quaint cafe in South Melbourne Market precinct. $1.13M sales, $350K+ price, 60 seats, full kitchen, licensed, strong following, huge growth potential. Fully managed. Enquire now!

Location Details

Located in the heart of South Melbourne’s bustling shopping precinct, surrounded by boutiques, offices, and the iconic market. High foot traffic, vibrant street energy, and strong local community make this a prime café destination.

Potential

This cafe offers strong growth potential through extended trading hours, especially evening service as a diner or bistro (subject to approvals). Its prime location, stylish fit-out, and loyal customer base provide a solid foundation for expansion. A new owner could also boost visibility and revenue by launching targeted marketing campaigns, refining the menu, or enhancing online ordering and delivery options. With full management in place, it’s a turnkey opportunity ready to scale.

Skills

This business suits buyers with hospitality experience, customer service focus, and operational know-how. Ideal skills include team leadership, food and beverage management, and marketing savvy to grow the brand. Whether you're hands-on or prefer oversight, the café’s systems and staff allow flexibility. Strong communication and a passion for quality service will help maintain its reputation and drive future success. Perfect for owner-operators or investors with strategic vision.

Hours

Open 7 days: Monday to Sunday, 8:00 AM – 3:00 PM. Opportunity to extend hours for dinner or evening trade.

Lease

New 7-year lease in place with a further 7-year option, offering long-term security and stability.

Employees

The business operates under semi-absentee ownership with a full management team in place. Staff are experienced, reliable, and capable of running day-to-day operations smoothly, allowing flexibility for the new owner’s level of involvement.

Reason for Sale

The current owners are pursuing new ventures and feel the time is right to pass the reins to someone with fresh energy and vision. Having successfully built a strong, profitable business with loyal clientele and solid systems in place, they’re ready to hand over this turnkey operation to a buyer who can continue its growth and uphold its reputation. This presents a rare opportunity to acquire a thriving café in a prime location with minimal transition risk.

About the Business

Boston Brokers is thrilled to present this charming and highly regarded café & takeaway business, nestled in the heart of the bustling South Melbourne Shopping Precinct. Surrounded by a vibrant mix of retail, residential, and commercial activity, this café enjoys exceptional foot traffic and a loyal customer base that keeps the energy flowing daily.

Positioned on the sunny side of Coventry Street, this venue is a go-to refuelling spot for locals, market-goers, boutique shoppers, and nearby professionals. With large street-facing windows and a stylish, modern fit-out, it’s the kind of place that invites you to linger — though the menu is designed for speed, quality, and convenience. Fresh food, fast service, and specialty coffee are the hallmarks of this local favourite.

Business Highlights:

^ Prime corner location in a high-street retail and tourist precinct
^ Approx. 60 seats (30 inside, 30 alfresco) with northern sun exposure
^Fully equipped commercial kitchen with onsite production
^ Unique layout including takeaway counter and dine-in zones
^ Licensed venue with potential to extend trading hours into the evening
^ Strong social media presence and community reputation
^ Semi-absentee ownership with full management team in place
^ Stylish fixtures and fittings included in the sale — all owned outright
^ Recent upgrades to leasehold, equipment, and operations
^ Simple, efficient menu ideal for high turnover and low complexity

Financial Snapshot:

Sales turnover: approx. $1,130,000 p.a.
Net profit: strong returns with further upside
Business price: $350,000+
Lease: 10+ years remaining
Rent: $57,000 p.a.

Growth Potential: This turnkey business is primed for expansion. Extend operating hours, introduce evening dining, or launch a targeted marketing campaign to boost visibility and engagement. The location, layout, and reputation offer a solid foundation for growth.

Ideal For: Couples, families, or investors seeking a profitable, low-maintenance hospitality business in one of Melbourne’s most iconic precincts.

Support & Transition: A comprehensive handover will be provided to ensure a smooth transition for the new owner.

This is a rare opportunity to acquire a well-established, high-performing café in a premium location. Whether you're an experienced operator or a first-time buyer with a passion for food and coffee, this business offers the perfect blend of lifestyle, profitability, and potential.

Enquire now — inspections are highly recommended.

History

Established in 2023, this cafe quickly became a local favourite thanks to its quality offerings, efficient service, and welcoming atmosphere. Built from the ground up by the current owners, it features a modern fit-out and streamlined operations. Its strategic location in the heart of South Melbourne’s retail and market precinct has helped it attract a steady flow of loyal customers and new visitors alike. The business is now well-positioned for continued success and future growth.

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