This well-established cafe has been serving the South Yarra community for over 22 years and continues to thrive with consistent takings of $624,000 per year and a loyal following. Known for its strong coffee tradeaveraging over 20kg of beans weeklythe cafe is a favourite among locals and professionals alike.
Perfectly positioned just off Chapel Street, the business sits on the doorstep of the highly anticipated Jam Factory redevelopment, now more than halfway completed. Once finished, this billion-dollar precinct is set to deliver a wave of new residents, office workers, and retail trafficadding immense future value to this already high-performing site.
Key Details:
Annual Takings: $624,000
Rent: $7,195 pcm incl. GST
Lease: 5+5 years (commenced Feb 2023)
Seating: 30 inside / 28 outside
Fully licensed until 11pm
Team: 2 PT owners (not involved in daily operations), 1 FT & 3 PT staff, plus 1 casual
Beautiful fit-out and atmosphere
Currently run under part-time ownership with no day-to-day involvement, this is a turnkey investment with immediate potential to growespecially by extending into evening trade. With a liquor license in place and a high-traffic location surrounded by residential and commercial developments, its ready for the next chapter.
Whether youre an investor or an owner-operator looking for a high-quality site with genuine upside, this is an opportunity not to miss.
Contact Chris and Elles Team at Absolute Business Brokers
0481 608 460 or (03) 9566 7300
[email protected]
Ref: B14828