Mi Piace Espresso Bar

Established Café in a Prime Cairns CBD Location
Price:
Sale Price: $ 350,000
+ Stock

Stock Value: Approx $8000

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Description

Established Café | Prime Location | Strong Turnover | Major Growth Potential

An exciting opportunity to purchase Mi Piace Espresso Bar, a well-established and highly regarded café in the heart of Cairns.

Established in 2017, Mi Piace has built a strong reputation for quality coffee, food and service, with a loyal customer base of locals, corporate customers and tourists.

Key Highlights

  • FY2026 turnover: $800,000 +
  • Prime Cairns CBD / Sheridan Street location
  • Established and trading successfully since 2017
  • Strong local, corporate and tourist customer base
  • Excellent online reviews and social media presence
  • 75-seat capacity
  • High-quality fit-out in excellent condition
  • Distinctive Italian espresso-bar branding
  • Strong relationship with Vittoria Coffee
  • Alcohol licence in place
  • Street parking directly outside
  • One allocated car space included
  • Fully disability accessible
  • Secure lease through to 31 January 2032
  • Weekly rent $1,028 + GST + outgoings
  • Rent and outgoings approx. 7.4% of FY2026 turnover

Huge Opportunity to Grow

  • Currently trading only around 43 hours per week, with no Sunday, public holiday or evening trade.
  • A new owner could increase revenue by:
  • Extending trading hours
  • Opening Sundays and public holidays
  • Introducing evening trade
  • Expanding catering and private functions
  • Growing online ordering and delivery
  • Developing a dedicated website
  • Increasing digital marketing
  • Building tourism partnerships
  • Expanding social media campaigns
  • Further developing the seasonal menu

A Turnkey Opportunity

Mi Piace Espresso Bar offers a rare combination of an established brand, prime location, strong customer base, quality premises and a secure lease, with plenty of room for a new owner to grow the business.

Ideal for an experienced hospitality operator, owner-operator or investor.

Serious enquiries welcome. Further financial and business information available upon request.