Sold business 3473366
Business NO.:
3473366
Status:
Active
Price:
$450,000 - $500,000
Plus SAV:
Yes
Updated on:
20/10/2026

ELSTER CAFE – ELSTERNWICK

Cafe/Coffee Shop | Business for Sale | 258 Glen Eira Road, Elsternwick, VIC, 3185

STUNNING VENUE | FULLY MANAGED | PROVEN PERFORMER

Elster is a highly regarded café in one of Melbourne's most sought-after hospitality precincts, offering buyers the opportunity to acquire an established business with a loyal following, strong reputation and experienced team already in place.

Housed in a striking Tudor-revival style building, Elster pairs timeless architectural character with a stylish, recently renovated fit-out, creating a venue with standout street appeal and a memorable atmosphere. A popular brunch menu, quality coffee and all-day dining offering keep customers coming back, with more than 36kg of coffee sold weekly highlighting the strength of its established trade.

Averaging $29,547 in weekly sales over the past two years, Elster is a proven performer operating under full management. This is an attractive turnkey opportunity for buyers looking to step into an established hospitality business ahead of the busy summer trading period.

Featured in Broadsheet and The Good Food Guide, Elster combines an established name, a prime Glen Eira Road location and proven trading history. The venue also offers excellent versatility for private functions and events, with exclusive hire accommodating up to 100 guests.

BUSINESS HIGHLIGHTS:

Average weekly sales of $29,547 over the past two years

Excellent profit margins

Fully managed operation with an established team

Distinctive Tudor-revival style building

Stylish, recently renovated fit-out

36kg+ of coffee sold weekly

Prime Glen Eira Road, Elsternwick location

Liquor licence for 112 patrons until 1am, seven days

Rent: $7,423.04 + GST per month

Trading seven days until 4pm

Secure lease until February 2035

ASKING PRICE: $450,000 - $500,000 + STOCK

Elster is a standout venue with an established customer base, experienced team and proven trading history, ready for its next owner to take the reins and capitalise on the busy summer months ahead.

Quality, fully managed cafés with this level of character and established trade are hard to find. Call Karli on

to arrange an inspection.

For more details, please email broker or call agents.


281 Lygon Street, Brunswick East, VIC 3057