Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Ivanhoe
- State
- Victoria
- Price
- $249,000
- Category
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UNDER OFFER Cafe with Large Seating & Function Space for Sale
$249,000
Ivanhoe, Victoria
UNDER OFFER Cafe with Large Seating & Function Space for Sale
Established cafe with a full commercial kitchen, large seating capacity and a dedicated function space.*500 sqm space
*12 to 15kg coffee weekly
*10-year lease
*$832,000 annual takings
*150 indoor, 200 outdoor seats
*Full commercial kitchen
This established cafe is set within a golf course on 500 sqm premises, featuring a full commercial kitchen, walk-in cool room, dishwashing area, and storage. The front counter includes a coffee machine and display fridge, supporting a steady coffee trade of 12 to 15 kg weekly. Seating capacity is 150 indoors and 200 outdoors, including a beer garden with mature trees and hedges.
A dedicated function space accommodates 100 seated or 150 standing guests, catering to corporate events, birthdays, baby showers and wakes. The indoor area is air-conditioned for year-round comfort.
One full-time owner, two full-time staff members and five casual employees run the business. The owner works 38 hours per week. Annual revenue is $780,000, with a net profit of $103,600. Rent is $8,360 monthly under a 10-year lease starting November 2023, with CPI-based increases.
Located in a high-traffic area with scenic views, the cafe attracts regular customers and event bookings. Expansion of function services has strong potential to grow the business.
Listing ID: ME03148
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Ref: ME03148
Timestamp: 20250509120004
Business Links / Tools
Last updated: 9th May 2025
Agency
LINK Melbourne / Tasmania
Contact
Nick Kolaitis
LINK Melbourne / Tasmania- +61 3....
- +61 41....
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