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UNDER OFFER Café with Large Seating & Function Space for Sale

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Price $249,000
Profit *

Refer to Broker

Sales Revenue

$832,000

Location Banyule, Ivanhoe
Category Food/Hospitality, Cafe/Coffee Shop
Listing # ME03148
Nick Kolaitis Headshot

Nick Kolaitis

Business Broker

Melbourne

+61 3 9819 4211

+61 411 428 161

[email protected]

Ivanhoe Cafe/Coffee Shop Business for Sale
Ivanhoe Cafe/Coffee Shop Business for Sale

About this Business for sale in Ivanhoe

Established café with a full commercial kitchen, large seating capacity and a dedicated function space. 

*500 sqm space
*12 to 15kg coffee weekly
*10-year lease
*$832,000 annual takings
*150 indoor, 200 outdoor seats
*Full commercial kitchen

This established café is set within a golf course on 500 sqm premises, featuring a full commercial kitchen, walk-in cool room, dishwashing area, and storage. The front counter includes a coffee machine and display fridge, supporting a steady coffee trade of 12 to 15 kg weekly. Seating capacity is 150 indoors and 200 outdoors, including a beer garden with mature trees and hedges.

A dedicated function space accommodates 100 seated or 150 standing guests, catering to corporate events, birthdays, baby showers and wakes. The indoor area is air-conditioned for year-round comfort.

One full-time owner, two full-time staff members and five casual employees run the business. The owner works 38 hours per week. Annual revenue is $780,000, with a net profit of $103,600. Rent is $8,360 monthly under a 10-year lease starting November 2023, with CPI-based increases.

Located in a high-traffic area with scenic views, the café attracts regular customers and event bookings. Expansion of function services has strong potential to grow the business. 

Listing ID: ME03148
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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Nick Kolaitis

Business Broker
Melbourne
+61 3 9819 4211
+61 411 428 161
[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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