BUSINESS HIGHLIGHTS:
- Sales for FY 23/24 $800,000 and on track for $1m+ for FY24/25
- Net profit of $150,000 pa
- Recently renovated with over $200,000 spent on the upgrades
- Near new modern fit out, commercial kitchen and prep area all in excellent condition
- Fully Licensed for 87 patrons until 1am Mon Sat (11pm on Sunday)
- Open 7 days for brunch & dinner
- Considerable growth potential for the next operator
- Secure lease in place until 2032
- Rent of $2,500 p.w. over 2 levels with opportunity to sublet upstairs at $1,100 pcm
- Perfect Smith Street location with high street visibility and loads of parking
- Versatile space, ideal for brunch, dinner, drinks, events, functions and private hire
PRICE RANGE: $280,000 - $320,000
Located in Collingwood a hub of culture, food, and foot traffic, this stunning venue can be found on bustling Smith Street in the heart of the dining precinct. This modern licensed Café & Restaurant offers an unparalleled dining experience with its innovative 'Brunch by day, Asian fusion by night' concept. This themed café not only stands out for its quirky, Instagram-worthy aesthetic but also for its dynamic versatility as a venue for functions, events, and space hire. Recently upgraded with over $200,000 invested in modern interiors and state-of-the-art facilities, the venue can now comfortably host up to 87 patrons until 1am, catering to both intimate dining and larger gatherings & private functions.
This exceptional venue has carved out its niche as a multi-faceted dining destination, seamlessly transitioning from a beloved brunch hotspot to an Asian fusion marvel in the evening. Whether guests are seeking a relaxed meal, a trendy event venue, or a creative space, this business delivers on all fronts. Offering a thoughtfully curated menu featuring modern cafe classics and innovative dishes, blending fresh, locally sourced ingredients with bold flavours to create an unforgettable dining experience.
Don't miss this rare opportunity to own a thriving, visually captivating business in one of Melbourne's most sought-after locations. Enquire today to make this Café & Restaurant your next success story! Contact Marc on 0412 359 907 to schedule a viewing and explore this exciting venue further.
