The Fitz Cafe is an iconic institution in the heart of Fitzroy. Established 35+ years, this cafe enjoys a high exposure corner location, with large amounts of foot traffic, in a character building and multiple indoor and alfresco dining areas. This cafe has excellent street appeal and is easily accessible by public transport - trams run past the front door.
This renowned cafe is known for its diverse and delicious global menu, friendly staff and chic dining areas.
From inventive breakfasts, boozy lunches, coffee or cocktails to late night dinner and drinks, patrons can enjoy dining inside, outside in a beautiful tree shaded area or upstairs in a remarkable rooftop area.
The rooftop dining/function space with state of the art retractable roof and fireplace is ready for any weather. This rooftop area, which can accommodate up to 120 people, and has high marble tables, comfortable stools, a dance floor, cushioned booths and a bar, is a perfect function venue. At least 2 to 3 functions per week are held here in the summer months. This venue is highly sought after, due to its proximity to the CBD.
Fully licenced until 1am (11pm on Sunday), this cafe/restaurant has seating capacity for 48 inside and 58 outside. Together with the rooftop area, the cafe is licensed for 230 people.
Run under management with 5 full-time staff and casual staff as needed, this presents as a great buying opportunity for either an owner/operator or investor. No cooking experience is required, as there are chefs on staff.
Current trading hours are Monday to Thursday: 9am to 9pm, Friday: 9am to 1am, Saturday: 8am to 1am, Sunday: 8am to 9pm.
Strong turnover of $38,000 per week with rent of $12,393 per month including GST, for a large 2 level premises in a prime location. Secure lease of 4x4x4 which commenced in June 2022.
An inspection of this stunning business is guaranteed to impress.
For more information and to book an inspection, please contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 9566 7300.