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5 DAY CAFE – ALBERT PARK 

84 Bridport Street Albert Park 3206
UNDER OFFER

Description

NO.84

If you live or work in Albert Park you will certainly know this gorgeous little cafe located down busy Bridport Street. The cafe is extremely popular for its coffee, pumping out between 35 – 40kg over 5 days. No. 84 cafe has a great simple business model which help to keep the wages low and profit high. The takeaway focused menu is short and sweet offering a tasty selection of both sweet and savory food + coffee. The business traded exceptionally well through the various lockdowns of 2020 & 2021 and as a result now only needs to trade 5 days instead of 7 days to make the same profit and closes everyday by 12pm.

The cafe is currently set up for takeaway only plus a parklet (covid outside eating space) for 24 patrons at the front of the cafe. However, there is space for seating for 20 inside, 25 courtyard plus a large function area upstairs for 25 patrons which could easily be converted back to cater for dine in customers and private events should a buyer wish to increase the seating capacity down the track. Plenty of carpark spaces, close to multiple public transport, away from the main shopping area, with wide footpath – known as the Paris end of Bridport Street – also attracting lots of staff and visitor from MSAC (Melbourne Sports & Aquatic Centre).

 No.84 cafe is an integral part of the local community and arguably one of the best in the area. If you are ready to buy a quality cafe with superior returns and still with plenty of upside, enquire today. Call Karli 0409 965 540.

BUSINESS HIGHLIGHTS:

  • Weekly sales $11,000 minimum (Mon – Fri only)
  • Only trades 30 hours a week – closes by 12pm everyday
  • 35 – 40kg of coffee over 5 day
  • Simple to operate with easy takeaway menu
  • Highly profitable
  • Easy to run with minimal staff (3 FOH including vendor & 2 kitchen)
  • Cheap rent and secure 15 (5+5+5) year lease commenced November 2015
  • Currently running as takeaway – but space for 55 inside + 25 courtyard if converted back to cater for dine in
  • Fantastic outside seating “parklet” for 24 people as part of the covid outdoor space (FOC until June 2022 – council to determine ongoing rental fee after)
  • Genuine Vendor ready to sell – full handover will be provided
  • Huge upside still in the business for a buyer to take advantage of – increase trade hours to capture a lunch trade, reopen on weekends, &/or introduce catering/functions to further increase sales/profit

OFFERS INVITED

Call Karli 0409 965 540

  • 84 Bridport Street Albert Park 3206, Melbourne, Australia
Karli Dunham
Karli Dunham
0409 965 540
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