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CAFE – PARKVILLE

52 Morrah Street Parkville 3052
$80,000 WIWO

Description

PARKVILLE STORE

Known for its amazing Padre coffee and extraordinary food, the Parkville Store is an inner city icon. Conveniently located on a corner block in the quiet back streets of Parkville surrounded by plenty of free street parking. The cafe has a great history, first opening as the local grocery store back in 1884. The cafe is surrounded by stunning 19th century Victorian-era homes and has a warm Parisian feel to it, thanks to its gorgeous outside seating set up. Inside cafe features include dark timber chairs, marble tabletops, polished concrete floors, exposed brick wall and a large display fridge filled with delicious homemade ‘grab and go’ sweet and savory treats.

The menu is popular for its home-cooked meals and daily baked goods which are well received by its loyal customers which include a great mix between locals, Melbourne University students & lecturers, as well hospital staff and visitors from the nearby Royal Melbourne & Frances Perry Hospitals. The cafe also offers a great selection of essential basic pantry items, from fresh sourdough bread to milk, free-range eggs, cheeses and coffee beans.

The business has built a solid turnover, however, there is still huge growth potential in the cafe as there is demand in the area to introduce late night dining, apply for a liquor license and to introduce catering to the nearby university, hospitals and offices. This is a once in a lifetime hospitality opportunity to grab a piece of history and put your own stamp on it. Call Karli today to inspect 0409 965 540.

BUSINESS HIGHLIGHTS:

  • Average weekly sales of $14,000 and profitable
  • 22-24kg coffee a week & hot choc a week
  • Secure 12 (4+4+4) year lease commenced November 2020
  • Open 7 days, 8am – 3pm
  • Seating for 32 inside & 28 outside
  • Iconic corner location in a stunning 19th Century late Victorian building
  • Simple menu with strong profit margins
  • Rent $68,000 + GST & outgoings p.a.
  • WALK IN WALK OUT BUYERS ONLY

PRICE: $80,000 WIWO

Call Karli to inspect 0409 965 540

  • 52 Morrah Street Parkville 3052, Melbourne, Australia
Karli Dunham
Karli Dunham
0409 965 540
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