Discover a rare opportunity to own a thriving business in the heart of St Kilda. Pini & Co, located on Alma Street, is now available for sale at an incredible price of $85,000.

This newly established business, open for breakfast and lunch, presents the perfect opportunity for aspiring entrepreneurs. With the option to expand into dinner service, the potential for growth is limitless.

The premises are licensed for 50 people, offering a cozy and intimate dining experience. The fit-out and equipment are valued at $700,000, ensuring you have everything you need to hit the ground running.

Located within the prestigious Europa on Alma Retirement Village, Pini & Co enjoys a captive audience of residents from the 82 apartments. As an added bonus, the business is only three months old, offering a fresh start for its new owner.

To sweeten the deal, enjoy rent-free premises until December 1, 2024, allowing you to focus on building your business without the burden of immediate rental costs.

Don’t miss this opportunity to own a piece of St Kilda’s vibrant culinary scene. Contact us today to learn more about this exciting offer.

WHAT YOU NEED TO KNOW:

• Strong and secure 12 year lease.
• Rent free until December 1^st
• $50,000 a year rent commences after Dec 1^st
• Currently trading T-F 7:30-3:45 & S-S 8-3:45
• Open for breakfast & lunch, with the option to add a dinner service.
• 5 Casual staff and 1 full timer
• 9-11k weekly takings
• Seats 36 inside and 11 outside
• Licensed for 50 people
• 12-15kgs of coffee per week
• Fit out & equipment value $700,000
• Located within the Europa on Alma Retirement Village, consisting of 81 apartments.
• Only 3 month old business