PRICE REDUCED $100,000 - $150,000 WIWO
BUSINESS HIGHLIGHTS:
- Average weekly sales $13,000
- Fully licensed 7 days for 85 patrons until 11pm
- Open from 7.30am - 3pm weekdays & 8am - 3pm weekends
- Using over 27kg of coffee per week
- Run under management with a dedicated and experienced team
- Strong social media presence with over 14,000 engaged followers
- Large double shopfront with long-term lease in place until June 2036
- Prime position in a bustling commercial area on High Street Prahran
- Stunning designer fitout with over $500,000 spent on the build
- Excellent fully equipped commercial kitchen with large prep area and storage
- Well established brand since 2016 with a strong local following
Middletown is nestled in the heart of Prahran on High Street and offers a cozy and chic spot for coffee lovers and brunch enthusiasts. Located in a prime commercial area, the cafe attracts a diverse clientele of locals and visitors alike. The Prahran area is experiencing rapid development in both residential and commercial properties, ensuring a steady stream of regular customers and a promising future trade. The cafe's strategic location in this popular pocket provides a large catchment of dedicated patrons and optimal demographics.
Renowned for its stunning designer fitout, Middletown Café opened in September 2016 and employed well known architects Studio Tate to design its luxurious space, which includes the use of terrazzo floors, champagne-coloured banquettes, brass lighting, pastel furnishings, pale timbers and royal-blue panelling to give the café that real lux feel. The open-plan layout of the café maximizes seating capacity and creates a bright and airy atmosphere filled with natural light.
Middletown has cultivated a loyal customer base and boasts a stellar reputation within the community. The cafe's popular for its Code Black coffee, using over 27kg of beans weekly, alongside its tasty rotating seasonal brunch style menu, help to make Middletown a cornerstone of Prahran's bustling cafe scene. Plus, the cafe is fully licensed until 11pm, 7 days a week, so it's the perfect venue to host large group bookings and private events.
This cafe represents a remarkable opportunity for an astute buyer. Whether you are looking to expand your business portfolio or venture into a new entrepreneurial journey, Middletown offers an ideal chance to take over a beautifully designed, well-located, turnkey café with significant growth potential in one of Prahran's most desirable locations. For more details and to arrange an inspection, please contact Karli on 0409 965 540.
