Sold business 3461598
Business NO.:
3461598
Status:
Active
Price:
Expressions of Interest
Updated on:
09/04/2026

Stunning Corner Hospitality Venue – Fully Managed with Significant Growth Potential

Cafe/Coffee Shop | Business for Sale | Fitzroy

Positioned in one of Melbourne’s most tightly held and highly sought-after inner-city pockets, this beautifully designed hospitality venue presents an outstanding opportunity for an experienced operator to step into a large-scale, fully fitted space with immediate upside.

Set within a charming, leafy streetscape and surrounded by a strong mix of residential and commercial activity, the business enjoys excellent exposure, consistent foot traffic, and a loyal local customer base.

The venue itself is a standout, spacious, warm, and immaculately presented, with a substantial footprint and seating capacity of approximately 115 patrons. A full commercial kitchen is already in place, allowing for a seamless transition into a more extensive food offering without the need for additional capital expenditure.

Currently operating under management and on short daytime trading hours only, the business is significantly underutilised in its current format. This creates a clear and compelling opportunity for a new owner to expand into evening and dinner service, private functions and events, corporate bookings and venue hire, as well as catering and additional revenue streams.

The layout, scale, and existing infrastructure make this venue perfectly suited for a transition into a full-service restaurant or multi-revenue hospitality operation.

Beautifully presented, large-scale venue
Approx. 115 seating capacity
Full commercial kitchen
Liquor licence in place
Run fully under management
Short trading hours with substantial room to grow
Strong lifestyle location with high exposure
Ideal for restaurant, events, and catering expansion

This is not just a café, it is a turnkey hospitality venue with enormous untapped potential.

The current owner has successfully established the space but has not operated within hospitality previously, resulting in a conservative operating model. For the right buyer, this represents a genuine value-add opportunity to unlock the full potential of the site.

Opportunities of this scale, in this location, and with this level of fit-out rarely become available.

For more information or to arrange a private inspection, contact:
Elle Likopoulos
Absolute Business Brokers

or
.

Ref: B15032

For more details, please email broker or call agents.


7/18 - 22 Lexia Place , Mulgrave, VIC 3170