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Central Coast Beachside Cafe - Low Rent For Sale

UMINA BEACH, New South Wales, Australia
Asking Price:
$499,000,000 (AUD)
Sales Revenue:
$1,133,080 (AUD)
Cash Flow:
$5,763 (AUD)

This Umina Beach Cafe has been established for 7 years and has cemented itself as a destination for locals and tourists alike.

Ideally located adjacent to numerous recreational facilities, schools and the beach and with ample parking nearby, the visibility, exposure and patronage of the Cafe is strong year-round.

The Cafe is known for its offering, most of which is made in-house, and is skewed towards natural, sustainable and healthy products and ingredients with a view towards healthy living and using local produce. This creates a significant point of difference for this cafe. It is a Multi Award Winning Cafe in the Central Coast and Peninsula region for many years.

Covid-19 has not adversely impacted this business since July – coffee sales have increased as has take-away business and the customer base has grown as locals and tourists discover the offer. Operating 7 days a week for breakfast and lunch (7am to 4pm), its post Covid sales have averaged $21.8k per week. With access to outdoor seating, it is the perfect (and only) cafe able to cater for the users of the Council's parks and recreations facilities. It has a full commercial kitchen, is licensed and has plenty of storage space. It also has a solar panel system that reduces the electricity costs significantly. Finally, is low rent of $635 plus GST per week (at approximately 3% of turnover) makes this cafe a very attractive proposition. It it run under complete management.

But there is more! The added bonus to this business is the separate and extremely under-utilised restaurant/function centre facility that is included as part of the very favourable lease. With a separate entrance to the Cafe and easy access to the common kitchen, this 100+ seat space is ready for an experienced and enthusiastic operator to create another income stream as a restaurant and/or function centre and reap the financial rewards. Fully licensed, with its own toilets, bar area and air conditioning this business within a business is all set-up and ready to go.

Competitively priced and with a highly motivated vendor looking at taking a break after 20 years in the industry, this business will not be on the market long.

Perfect business with state-of-the-art equipment and finishes to trade as is and to capitalise on the successful operation by the previous owner. Further profitability can be obtained from the reduction in the cost of goods. Opportunity to focus on the restaurant/function centre and to offer dinner/take-away/delivery app service during the day and nights.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

**Weekly**
Turnover (inc GST) $21,790
Wages $5,123
Rent $635
Net Profit $5,763

Property Information

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