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Food, Beverage & Hospitality business for sale in Brunswick

  • Food, Beverage & Hospitality
  • 589-591 Sydney Road Brunswick VIC 3056
  • $570,000 - $620,000 (GST na)

Lobbs Cafe - Brunswick

Are you ready to own a thriving landmark café in one of Melbourne's most vibrant suburbs? Lobbs Cafe, located at 589 Sydney Road, Brunswick, is now available for purchase. This café offers the perfect opportunity for an astute buyer looking to step into an already successful business with a loyal customer base and excellent cashflow.

Situated in a high-traffic location on Sydney Road, Lobbs Cafe enjoys excellent exposure to foot traffic and the vibrant local community. This bustling area is a hub for food lovers, professionals, and locals seeking a great coffee and delicious all day dining options.

The café features a modern, stylish fitout that beautifully showcases the building's original charm, thoughtfully designed by the award-winning architects at Techne. High ceilings, natural lighting, and sleek furnishings create a welcoming space for customers to relax and enjoy. The well-designed kitchen and service area are equipped with top-quality appliances, making it easy for the new owner to hit the ground running. The massive layout over 420 sqm maximizes efficiency, allowing for smooth service during busy periods, while the multiple dining zones ensures comfort for diners.

What sets Lobbs Café apart is its prime location, loyal following, and the potential for future growth. With Brunswick's ever-growing population and the area's increasing popularity as an iconic dining destination, there are plenty of opportunities to expand the business sales even further, whether through extended trading hours, catering/functions, or introducing new menu items.

This is a fantastic chance for someone looking to take ownership of a well-established café with a great reputation. If you're ready to make your mark in the café scene, don't miss out on this outstanding opportunity! For further details please call Marc 0412 359 907.

BUSINESS HIGHLIGHTS:
Annual sales of $1,700,000 for 23/24
Net profit in excess of $200,000
Forecasted sales of $1,800,000+ for 24/25 based on current turnover
Open 7 days from 7am - 3.30pm weekdays and from 8am - 4pm weekends
Fully licensed to seat 130 patrons comfortable until midnight 7 days a week
Run under semi management with an excellent team in place
Huge venue over 420 sqm - perfect for large booking & private events
Excellent fully equipment commercial kitchen
All equipment owned and including in the sale included La Marzocca PB coffee machine
On trend fit out designed by award winning architects 'Techne'
Rent of $70,000+pa for 420 sqm, with rear half of the building occupied by coffee roaster which can continue or be made vacant for a buyer to have full use of at settlement
Secure long lease in place until 2038
Iconic community focused café with strong customer base

PRICE RANGE: $570,000 - $620,000 + Stock

Business Highlights

Business ID2019490376
Floor AreaAsk Business Broker
Category
Last updated  13 Sep 2024
Map for 589-591 Sydney Road Brunswick VIC 3056
Map for 589-591 Sydney Road Brunswick VIC 3056589-591 Sydney Road Brunswick VIC 3056
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Business Highlights

Business ID2019490376
Floor AreaAsk Business Broker
Category
Last updated  13 Sep 2024

Listed by

Marc Di Genova
Marc Di Genova
Just Business Brokers Melbourne
Call
0412 359 907

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