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PICNIC CAFE – FITZROY NORTH

$240,000

Description

PICNIC – is a casual, takeaway focused cafe located in the heart of Fitzroy North and quintessentially showcases everything Melbournians love from their local cafe – Good vibes, great coffee, and a tasty menu. Picnic is the perfect place for quick coffee and toastie on the go, to a casual sit down catch up with friends over a tasty sandwich and a sweet treat. Picnic really sets the benchmark for its competitors. When you dream about the ideal cafe location, this is it – well positioned on popular St Georges Road and directly across from the Edinburgh Gardens, which means there is consistently a huge amount of foot traffic in the area.

The interior space at Picnic bypasses uptight coolness in favour of a more friendly and relaxed vibe with ivory & cottage-green feature walls, light timber furnishings and a lavish selection of greenery throughout, giving the space the most incredible and inviting feel of being in a park – this cafe simply screams with good fun energy. There is seating inside for 20 and park-bench style seating at the front of the cafe for another 6. Also having the luxury of Edinburgh Gardens directly opposite the cafe with unlimited seating is ideal, as Picnic’s takeaway friendly menu is perfect for walking across the road to enjoy at your favourite spot within the Gardens. Plus, there is huge scope to increase the current food offering and introduce picnic style hampers for the warmer months ahead, which can be a very lucrative addon service and would complement the current business model perfectly.

Picnic is renowned for its delicious Inglewood coffee, personal & fun customer service and hero menu items including its famous made to order roast chicken and bacon jam sandwich, classic Reuben sandwich and mushroom & cheese toasties not to mention an extensive selection of sweet and savory ‘grab and go’ items on offer in the display cabinet. Think gourmet homemade sweet treats, cookies, muffins, slices, locally made pastries plus heaps of gourmet vegan and gluten-free snacks. All of which are either created fresh daily on the premise from the fully fitted commercial kitchen or sourced locally from boutique suppliers.

Currently running as owner operator with all systems and procedures in place, this cafe is the perfectly positioned for a new operator to take over ASAP, just in time for the busy summer months ahead. With a real WOW factor – come and check it out today. Call Karli 0409 965 540.

BUSINESS HIGHLIGHTS:

  • Weekly sales b/w $13,000 – $14,000
  • Strong net profit of $90,000 + vendor wages of $92,000 pa
  • Great rent at only $550+ GST a week
  • 40kg of coffee/hot chocolate/chai a week
  • Excellent local & loyal customer base with great online reviews
  • Seating for 20 inside, 6 footpath trading + unlimited seating at Edinburgh Gardens
  • Open Mon – Fri: 7am – 3pm, Sat & Sun 7.30am – 3pm
  • Fantastic location opposite Edinburgh Gardens – huge foot traffic area
  • Secure 12 (2+4+4) years remaining on current lease
  • Simple to prep, easy to run takeaway style menu
  • Huge upside still in the business, with the opportunity to increase food offering
  • Excellent write up on Broadsheet  Picnic Without the Blanket at Picnic, Fitzroy North’s New Sanga and Coffee Spot (broadsheet.com.au)

PRICE: $240,000 + Stock

Call Karli 0409 965 540 to inspect

Address

  • , Melbourne, Australia
Karli Dunham
Karli Dunham
0409 965 540
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