Business Sales
CBD LANEWAY INSTITUTION

CBD LANEWAY INSTITUTION

Melbourne’s CBD is renowned for it’s magical laneways that are home to cafes, bars ...

Business Overview

Melbourne’s CBD is renowned for it’s magical laneways that are home to cafes, bars and fabulous eateries. Located near the magnificent Block Arcade, this café enjoys excellent pedestrian foot traffic and consistent trade all year round. After 18 years of successful trade (with the same vendor) and many years prior to that under another long-term owner, the time has come to sell this CBD institution. Although the café has been run ‘fully under management’ and provided a great passive income, the Vendor has decided that the time has come to retire. This is an exceptional opportunity to take advantage of the current economic climate and acquire an iconic CBD laneway institution at a fraction of its value. Whilst trading steadily with the local market, it’s only a matter of time that tourism resumes, and this AAA location is again bursting at the seams. KEY FEATURES INCLUDE: • AAA location in renowned CBD Laneway • Heavy pedestrian foot traffic (pre-covid) • 30 seats inside, 10 outside • Manageable size (minimal staff) • Early finish • Easy to run • Totally run “under Management’ • Same owner for 18 years • Ideal for Investors or Owner/Operators • Excellent trading history • Iconic laneway institution For further information about this great laneway opportunity in one of Melbourne’s most sought after locations, please contact Grita Angelucci

Financials

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