Price
$125,000
Profit *
Refer to Broker
Sales Revenue
$850,000
Location
Hobart & Southern, Hobart - Greater Area
Category
Food/Hospitality
Listing #
TA00248
The Red Velvet Lounge has long been a favorite of locals and tourists alike. Located in the lovely town of Cygnet one of Southern Tasmania's most popular destinations for tourists and day trippers from Hobart.
The Cafe is located in a historic building which was originally a general store, it is a large open space with high pressed tin ceilings. The large commercial kitchen also contains one of the largest wood-fired ovens in the state.
The Cafe is perfect for an owner-operator/couple who is looking for a fantastic lifestyle business in a stunning location. There is scope to offer evening trade and an excellent opportunity to grow the functions side of the business.
Some key points of the business
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Mark Bent
TA00248
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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