Business Sales
GERTRUDE STREET INSTITUTION

GERTRUDE STREET INSTITUTION

This business is already sold

Having been around since before Gertrude Street was even a thing, this café remains ...

Business Overview

Having been around since before Gertrude Street was even a thing, this café remains a go-to fixture of Fitzroys’s café scene. Regardless of the dizzying pace of new cafes springing up around them, this iconic institution remains extremely popular with the locals who find a good thing and stick to it. And those who aren’t from the inner north, still make their way to this Fitzroy icon on the weekends when it’s buzzing at all times of the day. The simplicity of the space designed with high ceilings, timber furnishings and huge windows overlooking the street, oozes with the charm and character. This café prides itself on offering generous, inventive breakfast and lunch options as well as a cabinet filled with hunger inducing sweet and savoury options - and let’s not forget the great coffee they serve. The character of this café is further enhanced with outdoor seating in their rear courtyard and along Gertrude Street. Whilst the café only trades during the day, they are fully licensed until 11am and have the option to open for dinners or take advantage of lucrative private functions. KEY FEATURES INCLUDE: • Iconic Gertrude Street institution • Average takings $17,000 - $18,000 per week (higher on public holidays) • Rent $1,743.08 + GST per week • 20-22kgs Coffee, Tea, Hot Choc & Chai’s • Fully licensed until 11pm • Day trade only – 4pm closes • 55 seats inside, 16 rear courtyard and extended street seating • Inviting fit-out with character • Commercial kitchen • Loads of storage • Suit owner/occupier or astute investor • PROFITABLE business Don’t miss your chance to acquire this Gertrude Street institution. New cafes may come and go, but this iconic café has stood the test of time and has lovingly provided its Vendors with a great work environment and even better returns. For more information, please contact Grita Angelucci.

Financials

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