ICONIC SANDWICH DELI

One of MELBOURNE’S BEST known sandwich deli’s.

A rare opportunity to acquire one of Melbourne’s fastest-growing hospitality success stories.
This iconic sandwich deli and espresso bar has developed a cult-like following in an incredibly short period of time, becoming a destination venue renowned for its authentic, premium ingredients and exceptional customer experience.

Inspired by traditional Italian sandwich deli, the business specialises in freshly made gourmet panini served on schiacciata bread, premium Italian smallgoods, specialty coffee and authentic Italian takeaway offerings.

With queues regularly out the door and a powerful social media presence of close to 20,000 followers on instagram, this business has quickly established itself as one of Melbourne’s most sought-after sandwich destinations also been featured on the iconic broadsheet Melbourne.

Trading for just over 2 years, the business has already achieved annual sales exceeding $1.5 million and is generating approximately $300,000 net profit per annum.

The business operates under full management, making it an ideal acquisition for both investors seeking strong passive returns and owner operators looking to capitalise on an already proven concept.

Situated in a prime Inner North Essendon location with outstanding exposure and strong local demographics, the business benefits from an incredibly affordable rental structure that is virtually impossible to replicate in today’s market. Combined with a streamlined operating model, sustainable wage structure and simple menu execution, this business delivers exceptional profitability while remaining easy to manage.

The current owner has created a powerful brand with enormous customer loyalty, however, there remains significant opportunity to further expand catering, corporate orders, trading hours and additional revenue channels.

BUSINESS HIGHLIGHTS:
• Annual sales of $1,500,000 in trade and growing rapidly
• Net profit exceeding $300,000 per annum
• Fully managed operation trading 6 days per week 8am to 3pm
• Long and secure lease through to 2040
• Exceptionally low rent of only $29,000 + GST per annum
• Prime Inner North Essendon location with strong brand recognition and loyal following
• Sandwich delivery, coffee and takeaway concept with a simple, efficient operating model with 30 external seats.
• Sustainable staffing structure with minimal reliance on specialised labour
• Modern fit-out and extensive plant & equipment included
• Significant growth potential through catering, corporate accounts & extended trading
• Ideal acquisition for an investor, hospitality group or hands-on owner operator

Businesses of this calibre rarely come to market. Combining outstanding profitability, a secure long-term lease, exceptionally low occupancy costs and a highly sought-after brand, this is a genuine opportunity to acquire one of Melbourne’s premier hospitality businesses.

PRICE RANGE: $550,000 – $600,000 + Stock
Contact Marc on 0412 359 907 to arrange a confidential inspection.