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LANDMARK CAFE – ALBERT PARK

Albert Park 3206
EOI

Description

Known as one of the leading cafes in Albert Park, serving 55-60kg of coffee a week plus hosting an enormous floorspace currently seating 125 patrons (licensed for 140) and boasting a roaring breakfast and lunch trade. Stop scrolling – this is the one!

Not often a golden opportunity like this comes along, and this is your chance to secure one of the best licensed cafes in Albert Park. This iconic cafe is located on a prominent street only 1km from the busy South Melbourne market and 3km from the CBD. Perfectly positioned within a busy shopping and food precinct, so the cafe has a huge amount of daily foot traffic all year around. This cafe has a strong trading history and is a cult favourite with the trendy inner city and bayside brunch crowds. Renowned for its totally unique and stunning fit out, very Instagrammable menu and good vibes – if you live around the Albert Park area chances are you would have dined at this cafe and loved it!

This cafe is loved by the locals for its great coffee, delicious brunch style menu as well as being a very popular choice for catering & private functions. The cafe has a secure lease with 12 years remaining and great rent, especially for the size of the venue and location, which is one of the key elements to the cafes ongoing success and strong profit. Not to mention the venue runs under semi management with an excellent team in place.

The cafe fitout is flawless with a modern and stunning fit-out and versatile floor plan to seat up to 140 patrons across multiple levels, inside, outside (courtyard and footpath) including private dining & function spaces. The cafe has a well-structured and simple brunch focused menu to suit the neatly designed commercial kitchen. The carefully constructed menu is fresh and seasonally driven with plenty of vegan-friendly and gluten-free options. The cafe also goes through 55-60kg of coffee a week and is recognised in all the major good food and cafe guides around Melbourne.

This cafe has become an integral part of the local Albert Park community, and the business has shown strong and consistent turnover since opening, however, there is still huge upside left in the business for a purchaser to take advantage of. This cafe represents the perfect opportunity for anyone looking to invest in a successful and well-run cafe with a fantastic reputation and very strong cash flow. With a genuine vendor ready to sell, there has never been a better time to buy and settle over summer. Call Marc to inspect 0412 359 907.

BUSINESS HIGHLIGHTS:

  • Weekly sales up to $35,000
  • Net profit $10,000 a week
  • Under semi management
  • Coffee 55-60kg a week
  • Currently seats 65 inside + 60 outside
  • Fully Licensed for 140 patrons 7 days until 11pm
  • Great location within a popular shopping/food precinct
  • Stunning fit out – unique space cannot be replicated
  • Excellent equipment all included in the sale
  • Well established brand still with plenty of opportunity for growth
  • Excellent reputation with great online reviews
  • All systems and procedures in place to ensure a smooth handover
  • Full financials available for qualified buyers

EOI invited

Call Marc 0412 359 907

  • Albert Park 3206, Melbourne, Australia
Marc Di Genova
Marc Di Genova
0412 359 907
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