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MYRTLE WINE CAFE – FOOTSCRAY

45 Moreland Street Footscray 3011
$119,000 + Stock

Description

This licensed cafe is one of Footscray’s best kept secrets. You know those places that you want to tell everyone about, but also want to keep it all to yourself? Well Myrtle Wine Cafe is the hidden gem of the West.

Perfectly positioned along the Maribyrnong River bike track and on the gateway to the docklands and CBD, this iconic community cafe is located in the Footscray Community Arts stunning bluestone Henderson House building. The venue was bought back to life in 2020 by the current vendor and is now well known throughout the inner West as Myrtle Wine Cafe. Loved for its wholesome brunches, take-away options, picnic kits, cakes, coffee by Five Senses plus a carefully curated selection of Victorian and international wines. The cafes well-structured and simple brunch focused menu suits the neatly designed kitchen. The carefully considered menu is fresh and seasonally driven and beautifully colourful with plenty of vegan-friendly and gluten-free options. Myrtle Wine cafe is also a popular choice for private functions and events with its on-premise liquor license for up to 300 patrons until 11pm 7 days a week.

The cafe currently runs under semi management and has been highly successful primarily focused as a day-based cafe trading 6 days a week. However, the potential to increase the night trade by promoting the wine bar & function side of the business is huge, as a liquor licence for 300 patrons in that location with its massive front lawn area plus backing onto river is totally unique and cannot be replicated. This is ideal buying for anyone looking to invest in a successful and well-run licensed cafe with a fantastic reputation and still with plenty of upside left in the business. With a genuine vendor ready to do a deal, there has never been a better time to buy and settle asap, so a buyer can make the most of these busy warmer months of trade. Call Karli to inspect 0409 965 540.

BUSINESS HIGHLIGHTS:

  • Weekly sales $12,000+
  • On Premise Liquor Licence for 300 patrons (220 outside & 80 inside)
  • Under semi-management (Vendor works casual hours)
  • 15kg of coffee a week
  • Very popular for private events & functions
  • Great rent with 6.5 years remaining on current lease
  • Open 7.30am – 3pm Tues to Fri & 8am – 4pm Sat & Sun
  • Well established but still plenty of opportunity for growth with functions/night trade
  • Great fit out with all equipment in excellent condition
  • Well priced with a genuine vendor ready to sell over summer
  • Fantastic location on Moreland St with a great mix of commercial & residential customers

PRICE: $119,000 + Stock

Call Karli 0409 965 540

  • 45 Moreland Street Footscray 3011, Melbourne, Australia
Karli Di Genova
Karli Di Genova
0409 965 540
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