Sep 19, 2017 — The true local cafe.
- Well-established café with unique wholesale cookie/baked goods business.
- Wholesale steadily growing for 2 years and now averaging turnover of $3,500 - $4,000 p/w with excellent margins
- Long secure lease 5+5+5 (commencing 07/2017)
- Excellent rental terms, current rent $45,315.71 + GST
- No increase until 07/2018
- 3% annual increases (with market review at end of each term)
- Well equipped kitchen that was completely re-fitted 2.5 years ago with brand new ovens (Unox 7 tray combi bakers oven and 4 burner Goldstein range) 4 new fridges, extraction fan, mixes, food processor and other smaller items. Front of house benches, coffee section and seating totally re-fitted 2 years ago
- Fully managed - Production team and delivery staff in place.
- 35 – 40kg specialty coffee per/week (Niccolo)
- Current operator has a strong 5-year plus model in place
- Strong clientele due to proximity to “The Avenue” medical district
- Loyal regular customer base delivered from the likes of Windsor PS, CBC and Presentation College
- Seats 20 with larger than normal take away offering Well established café with unique cookie/cake business
- Supplying 40+ of Melbourne’s most well known cafes as well as 2 established cinemas (huge opportunity for growth here).
- Cafe operating brunch hours 7 days
- Huge potential for future expansion and increase revenue via cookie wholesaling
- Excellent trained core staff in place
- Training and support provided
- Simple and easy to manage business
- Business name, menu and recipes all included
- All of this and NO marketing has been undertaken to grow the brand
FY 15/16 sales in excess of $700,000.00 with excellent gross profits! FY 16/17 interim sales even higher.
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