11 Dec No Comments admin Blog

Do you need new cafe insurance in Melbourne?

Are you considering new cafe insurance in Melbourne? Cafe’s across Australia may be in the same position after new figures showed the nation’s coffee shops appear to be bustling with many new customers.


The latest Australian Bureau of Statistics (ABS) data revealed turnover in cafes, restaurants and takeaways jumped over 2 per cent in January. Only the retail sector achieved a bigger rise (2.6 per cent). In fact, cafes and other hospitality industries saw revenues of approximately $3.2 billion at the beginning of the year. This is an annual increase of $300 million and $500 million higher than earnings in 2012.


Earlier this month, Roy Morgan Research reported a rise in coffee shop visits, with 56 per cent of over-18s frequenting an establishment over an average three-month period last year. This was a rise of 2 percentage points on 2009 figures. If these trends continue, cafe owners across the country can expect higher profits, more customers and growth potential.


However, larger workforces, increased custom and site expansion all come with additional risk. Whether it’s machinery breakdowns, slips and trips or even storm damage, businesses need cafe insurance for protection.


Complications and issues inside the store are just part of the problem. Freak weather conditions, nature disasters or a number of other external forces could also cause significant issues.


It is vital that cafe owners are prepared for worst-case scenarios and invest in comprehensive insurance. Public liability, building insurance and stock insurance are some of the products that make up an effective cafe cover package.

Cafe Insurance Specialist

365 Insurance is a specialist business insurance broker in Melbourne with years of cafe industry experience. Finding the right combination of insurance for your cafe is important, which is why we offer a customised online policy suited to each business’s unique requirements.