Price
$149,950
Profit *
Refer to Broker
Sales Revenue
$650,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Restaurant
Listing #
ME03173
A well-established cafe/restaurant with cellar door in the beautiful Dandenong Ranges. Combines dining, coffee and retail alcohol sales.
*$12,500 takings per week ($650K annually)
*Over $2,000 pw ($117K annually after addbacks)
*Open 6 days a week
*Long lease with very reasonable rent $3833 p/m plus GST
*Sells 12 kg of coffee weekly
*Liquor licence in place
*Full commercial kitchen
*Seven on-site parking spaces
*4.3 Google rating
The business sits on a high exposure corner site which has served the local community in different guises since the 1930’s.
The current owner took over in 2021, and created a cafe/restaurant with cellar door sales that has a loyal customer base.
Operating Tuesday to Sunday with extended weekend hours, the owner works approx. 32 hours per week, supported by a team of nine casual staff.
With a general liquor licence for dine-in and takeaway sales, the venue seats 60 indoors and 30 outdoors, with a licensed capacity of 30 patrons. It features a full commercial kitchen, multiple fridges and beer on tap.
The 220 sqm building includes a covered front veranda, bench seating on grass, a veggie and herb garden (produce is used daily in meal preparations), seven on-site parking spaces and a planning permit approved for a new rear deck.
The business thrives in autumn and early winter, when the fireplace adds to its appeal as guests pop in to have a meal or drink and enjoy the beautiful greenery of the surrounding forests!
Growth opportunities include extending bottle shop hours, increasing marketing efforts and adding the planned deck to further enhance the outdoor dining experience.
Ideal for an owner operator or family looking for a tree change lifestyle opportunity, ready to immerse themselves into the local community and capitalize on the area's strong tourist trade.
Contact Con Tsonis for further details!
Listing ID: ME03173
Broker: Con Tsonis
Phone: 0411 744 466
Email: [email protected]
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*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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