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Established Cafe In Brighton For Sale

Brighton, Victoria, Australia
Asking Price:
$230,000 (AUD)
Sales Revenue:
On request
Cash Flow:
On request

The Timbuktu Café is THE beloved community hub! Located at 36 Wilson Street, Brighton, is now available for sale.
This kid-friendly café is not just a place to enjoy delicious coffee and meals; it’s a vibrant gathering spot for families, dog lovers, and travel enthusiasts alike.
This is a venue of interaction and community bonding, with a loyal clientele and a reputation for quality food and service.
This café is well-positioned for continued success. Offering a variety of breakfast and lunch options, along with treats and cakes, the café caters to a wide range of tastes.
Designed with children in mind, the café includes a play area, making it a favorite among local families.
Includes a 3-bedroom house at the back, for the owner or to rent out, and a very large double garage, fitting expansible storage.
Currently 5 years left on the lease, extendable for another 5 and 5.

Property Information

Real Estate:

Lease

Lease Terms:

5 years left, extendable for 5 and 5 more

Leasehold Rent:

$106,000 (AUD) per annum

Living Accommodation:

3 Bedroom house included

Location:

Tucked away from Church St & Bay St, in between Brighton Primary School and Brighton Library

Premises Details:

2 Shops (Set as one) + rear 3 Bedroom House (currently rented by the room) + Huge double garage

Business Operation

Expansion Potential:

Currently open for breakfast and Lunch, Can be open for dinner (done before covid), fullu licensed for it

Competition / Market:

No other Family friendly cafe around. Lots of free on street carpark. Lots of passage due to the library, town hall, Bayside art Gallery, Bus stop, Churches, U3A, Hospital, parks

Reasons for selling:

Current owner wants to return to Europe

Trading hours:

Monday to Friday: 7am-4pm
Saturday & Sunday: 7:30am-3pm

Employees:
5
Years established:
5

Other Information

Support & training:

Actual owner will help New owner for 1 month

Furniture / Fixtures value:
$150,000 (AUD)
Inventory / Stock value:
$8,000 (AUD)