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ICONIC CAFÉ & BAR – ELWOOD

ICONIC CAFÉ & BAR – ELWOOD

Whether you’re after a coffee, breakfast, lunch, dinner or a cheeky cocktail this venue has you covered!

This Café & Bar is located on Ormond Road in the heart of Elwood. With a strong regular following and plenty of walk-by traffic, this venue has been a big hit since opening its doors.

An open and bright stained-glass window frontage of the café leads to a beautiful open plan design. The space is contemporary with exposed brick walls and polished concrete floors warmed up with furnishings of timber tables and chairs, exposed bulb lighting and splashes of greenery on the walls which add light and colour to feel of the venue.

The menu is modern and fresh showcasing a great range of popular Taco’s. Breakfast and lunch options include all your regular café favourites such as banana bread, fruit toast, avo smash, superfood brunch bowl, waffles, chorizo hash, eggs benny and a great kids menu. Dinner comprises of small plates of chicken taquitos, scallop ceviche, lamb ribs and delicious share plate options such as polenta dusted calamari with green mango salad, nachos with all the trimmings and braised beef sort ribs. Desserts include cinnamon churros with vanilla ice cream, waffle stack and cheese board.

With a great “Restaurant & Café” liquor licence” until 11pm, 7 days, this popular venue is not just an icon, it has become the “place to be seen” with the on-trend Elwood locals.
To inspect call or text Michael on 0423 287 048 TODAY and settle in time for SUMMER!

BUSINESS HIGHLIGHTS:
Average weekly sales $25,000 (over past 12 months)
Net profit $4,000 per week (after owners’ salary)
45 – 50kgs coffee per week
Run under Semi Management
10 pop up events in the carpark next door per year (popup take $10,000 each event with 40% net profit, these figures are not included in the average weekly sales)
Great location on Ormond Road in the heart of busy Elwood
Financials available for qualified buyers

BUSINESS STRENGTHS:
Café open Monday: 6am – 4pm, Tuesday – Sunday: 6am – 11pm (Bar open from 4pm)
Easy to operate venue with high profit margin menu
Seats 70 inside & 8 outside (footpath)
Fully set up commercial kitchen and bar
Current owner has had it for 3 years
Café & Restaurant liquor licence until 11pm, 7 days
Upstairs used as office and storage but opportunity to renovate for extra seating
All equipment fully owned and included in the sale

LEASE AND RENT:
Term: 10 years remaining
Current weekly rent: $1,900 + GST approx.
Rent reviews: CPI p.a.
Lettable area 200m2

PRICE $510,000 + Stock

This one will sell quick. Call Michael TODAY on 0423 287 048!

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