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Refer to Broker
Refer to Broker
An iconic local highly profitable hospitality business with mid-six-figure returns that thrives from heavy foot traffic and is surrounded by high-volume retailers that continually provide a flow into the cafe. The business could be run under management or owner operated.
Known for its cool vibe and trendy hip feel, the business has a loyal customer base, a high following on socials and a high ranking on TripAdvisor. Most revenue is generated from breakfast, lunch, and coffee sales with the scope to increase trading hours and obtain a liquor license.
The Key Features and Benefits:
– Enviable business location with extremely high foot traffic.
– Long tenure on leasehold with great landlords.
– The business has seen Y.O.Y. growth and is a turnkey solution to walk into an established profitable business.
– Very well branded with logos, branded coffee, retail sales including hats/t-shirts/mugs.
– 200 seating capacity with the opportunity to grow.
– All day breakfast and all-day lunch.
– Scope to expand into evening trade.
– Liquor licensing available.
–Several staff members who can step up as management if required.
What Make the Business Successful?
The business has forged a great relationship and support from the community over the years and has become a social catch-up point for locals, travellers, and joy riders.
This is the perfect business for a family or partnership to generate wealth.
Price: $630,000 +S.A.V.
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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