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FITZROY – PROFITABLE GERTRUDE STREET INSTITUTION – $475,000 (NEGOTIABLE)

When location is everything and you can add a 20 year trading history, look no further, as opportunities like this won’t last!

As one of the original cafes in Gertrude Street, this iconic business continues to be exceedingly popular with the locals and the foodies that flock to this precinct.

The high ceilings, timber furnishings and white washed walls create a cosy ambience. Combine this with a large display of home cooked savoury and sweet options, it’s not hard to see why this place continues to be a success story.

The character of this café is further enhanced with outdoor seating in their rear courtyard and on the street.  Whilst this business only trades during the day, there’s an immediate opportunity to trade nights to capture the bustling dinner trade in the immediate vicinity of this venue.

Other features include:

  • Ave $17,000 – $20,000 per week (Up to $40k in peak times)
  • Rent only $1270.50 per week
  • 20 Kgs coffee + teas, chai, chocs etc..
  • Fully licensed
  • 4pm closes
  • 55 seats inside, 16 courtyard & 10 outside
  • Loads of storage
  • Commercial kitchen
  • VERY PROFITABLE!

Currently this business is run predominantly ‘Under Management’ and would suit astute investors or savvy operators wanting to take advantage of this highly sought after location.

For further information, please contact Grita Angelucci on 0413 332 331 or grita@propertyau.com.au

City:
Area:
Postal Code: 3065
Country: Australia
Property Id : 19150