The Humble Spud - A profitable potato

If you don't know, potatoes became the main food of the Irish (if you don't count Guinness). They provided most of the nutrition in local diets. Then along came The Humble Spud, located in the vibrant suburb of St Kilda, Humble Spud is an authentic traditional Irish Chipper that offers a taste of Ireland in the heart of Melbourne. It is run by the Irish but not just for the Irish, but judging by the comments on social media is a destination venue for all those from the Emerald Isle.

There is foot path trading to the front of the venue which is a prime spot when Luna Park is running and Catani Gardens have an event on. There is also seating inside amongst the Irish Memorabilia. The self ordering is slick with palm pilots in front of of a large, well equipped commercial kitchen, supported with a small storage room, and walk in call room. Toilets are to the rear of the venue and are shared by all the venues as part of the body corporate. It is a very simple, well designed operation that can produce a large amount of orders very quickly.

The Humble Spud has a Restaurant and Cafe license until 1am with a capacity of 28 There are seven years remaining on the lease made up of 1+3+3. Rent is $1540 a week including GST. All fixtures and fittings are included in the sale and there are no equipment or supplier contracts being transferred.

The Humbler Spud was set up by the vendor to fill a gap in the market. It has done so well that he has placed it under management and keeps an eye on the venue from Perth. So the venue does give a good passive income retaining the present team and concept. But would be excellent for an owner operator with a very good fit out and location that can support any concept. There are a full set of books including details from all the delivery apps showing a consistent income that really does take advantage of the busy times in St Kilda. The vendor is looking for offers in the region of $250,000 for this thriving , exclusively listed business

For more details, please email broker or call agents.