No Reserve - Make Your Offer! Thriving Cafe in Prime Inner-City Location - RN1002SM
No Reserve - Make Your Offer! Thriving Cafe in Prime Inner-City Location - RN1002SM
Industry :
--Sub Industry :
Cafe-Takeaway-Liquor Licence-Espresso Bar - Victoria South - Agent SBX Code Number: RN1002SM
No Reserve - Make Your Offer! Thriving Cafe in Prime Inner-City Location - 130+ Seats, 27kg Coffee/Week, Liquor License & Breakfast/Lunch Favourite!Cafe offering both dine-in and takeaway options, serving approximately 27 kg of coffee per week and a popular all-day breakfast menu. The diverse offerings range from fresh, healthy meals like avocado toast and smoothie bowls to indulgent treats, catering to a wide customer base. - With 16 outdoor seats, 32 indoor seats, 28 in the courtyard, and 50 in the upstairs bar area, the cafe provides ample space for patrons in a comfortable and inviting setting. - The cafe holds a liquor license allowing trade from 7 a.m. to 11 p.m., presenting an exciting opportunity to expand into dinner and bar service. Over the years, it has built a loyal customer base, thanks to consistent quality, excellent coffee, and friendly service. - All equipment is valued at replacement cost, with the coffee machine and grinder supplied by the cafes coffee provider.
Potential
There is significant opportunity to expand into dinner and bar services, with targeted social media marketing offering further growth in customer reach and revenue.
Features
Renowned for its exceptional coffee, delicious menu, and warm, welcoming atmosphere, the cafe enjoys a loyal customer base and positive feedback. - With a strong Google rating of 4.2 out of 5, regular patrons highlight the inviting vibe. - It is a popular local spot, especially for breakfast and lunch.
Premises
The cafe spans 182 sq. mts. including a courtyard and an upstairs bar seating area. It features a fully equipped kitchen with a grease trap and convenient delivery access. The premises offer a flexible layout with both indoor and outdoor seating.
Location
Situated in Melbournes south-eastern inner suburb, this cafe is set in a highly desirable area with excellent street exposure and strong foot traffic, boosted by its close proximity to a metro station. Surrounded by professional offices and a variety of shops.
Trading Hours
7 days - Monday to Friday 630 am to 3 pm. Saturday & Sunday 730 am to 3 pm.
Lease
Current lease expires on 3 March 2027 + one 3 year option. 3% rental increases. 1 month deposit bond.
Employees
The owners manage daily operations as kitchen hand, barista, and cafe manager, supported by a part-time cook and waiting staff. The business runs smoothly with a team equal to 3 full-time staff, ensuring consistent, efficient service each day.
Figures
Weekly Sales $10000
Rent (ex GST) $1154
Wages $1900
Profit $3251
Agent SBX Code Number: RN1002SM - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$250,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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