Licensed Cafe with Multiple Income Streams – Inner West Melbourne, VIC , , ,

Description

Three Businesses in One – Excellent Profits and Loyal Customers! 

Established in 2018, this popular Licensed Cafe offers multiple income streams and has continued to grow and profit during lockdowns. With plenty of indoor and outdoor seating – and a large retail space, this business is quite different to its competitors and is a unique opportunity not to be missed.  

  • Loyal base of regulars & returning customers  
  • Large range of clients, mostly young families, grandparents 
  • $90,000+ profit/year ROI over 2.5 years 
  • 9-year lease with easy renewal (3-year blocks) – Cheap rent for the area 
  • Seats 50 inside & 16 outside – plus back carpark can be used as courtyard seating 
  • Close to public transport (station, bus terminal, taxi rank) 
  • Owners are happy to stay on to train a new owner to ensure a smooth handover 

Largely self-managed this business would ideally suit someone who already owns multiple cafes or has hospitality industry experience. With extensive future opportunities such as Evening Dinner Service, Cocktail Nights, Bottomless Brunch or even use as exhibition space for local artists, cooking classes & more. Already well established this business is ready to go and a new owner can jump in and hit the ground running. 

 Price: $200,000 

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State

  • State: Victoria