Location:
East Melbourne 3002 > Melbourne - Greater > Victoria
Investment level:
$150,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Step into a rare opportunity to own a cafe that has stood the test of time, trading for nearly 100 years and thriving as a beloved local institution.
$624,000 pa
$78,000 pa
There is potential to grow further by extending trading hours, adding catering services, or increasing online presence.
Easy to run- Under management
6:30am–2:30pm (Mon–Fri), 7:30am–2:00pm (Sat–Sun)
New 5-year lease commenced Nov 2023, plus further 5-year option
Under management - 7 casual staff
Vendor is relocating to the country
Step into a rare opportunity to own a cafe that has stood the test of time, trading for nearly 100 years and thriving as a beloved local institution. This beautifully presented cafe is perfectly positioned to capture weekday regulars and weekend brunch crowds, with breakfast and lunch service only — meaning no late nights and a great work-life balance.
Generating $12,000 per week in takings and serving an impressive 25kg of coffee per week, this venue runs entirely under management with a reliable team of casual staff. The current owner does not work in the business, making this an ideal investment or opportunity for someone with little to no hospitality experience.
Key Highlights:
Takings: $12,000 per week
Lease: New 5-year lease commenced Nov 2023, plus further 5-year option
Rent: $6,500 per calendar month + GST
Outgoings: $14,000 per annum
Seating: 32 inside & 24 outside – 56 seats total
Trading Hours: 6:30am–2:30pm (Mon–Fri), 7:30am–2:00pm (Sat–Sun)
This is a true set-and-forget business, perfectly suited to investors, first-time business owners, or those seeking a hands-off operation with steady returns. There is also potential to grow further by extending trading hours, adding catering services, or increasing online presence.
The vendor is relocating to the country, presenting the perfect chance for a new owner to step in and benefit from this long-standing cafe’s reputation and consistent performance.
For more information or a confidential discussion, contact:
Chris & Elle – Absolute Business Brokers
Chris: 0433 582 533 | 03 9566 7300
Elle: 0481 608 460 | 03 9566 7300
[email protected] or [email protected]
Ref: B14940
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