An incredible opportunity exists to step into this awesome cafe in one of the most desirable locations that the South Coast of NSW has to offer.
The new owner will be able to walk into a cafe with $1M+ in consistent annual revenue and a very appealing profit available to an owner/operator of $180k.
This established cafe is currently run under management, and would ideally suit a hands-on owner/operator who is looking for a great first business, or a family with teenage children looking for a lifestyle or sea change. This is a unique opportunity that has loads of opportunities and options available to grow and expand.
There is a fantastic lease in place until 2037, with plenty of seating inside and covered seating outside. The venue has plenty of space, which could also provide an avenue to explore sub-leasing for a florist or maybe offering other potential income stream items for sale.
The cafe is a destination for the locals as well as benefiting from a large number of commuters and visitors to the area. This cafe boasts a strong online presence and following, with very favorable reviews.
The opportunity here is to capitalize on the location and solid customer base and with an enthusiastic approach, expand the menu and the operating hours and days and seek out further market opportunities, including delivery as well as exploring catering. Possibility of obtaining a liquor license. Expand the menu offering to provide a further point of difference in the area, you could also look at other income stream options and saleable products.
Lease Details
The 5 x 5 x 5 x 5-year lease commenced in May 2017. - CPI. increases A $6k bond is required.
Premises Details
Prime Location with Plenty of Space - Toilet, Full commercial kitchen, and prep. area with plenty of storage, refrigerated, freezer, and dry. Outdoor seating area. Large rear garage and parking space.
Staff Details
The business is currently run under management with three full-time staff, one of which is an apprentice, and a team of casuals, but would ideally suit an owner/operator present and working in the cafe.
Opening Hours
7 days Mon Fri 7 am. to 3:30 pm. 7 am 4 pm on Weekends
Opportunity
The current owner is not working in the business and a more present owner/operator would see an immediate improvement in sales and profit.
Extend the trading hours, and operate as a restaurant in the evenings, obtain a liquor license. Establish a catering side of the business, expand the menu offering, and seek out functions. The venue has plenty of room to potentially sub-lease space to a florist or include other items for sale and explore other revenue and income streams.
** Weekly**
Coffee Sales 15-20kg Normal. 50kg + Peak
Sales $20k+
Rent $1,428
Wages $6,450
Net Profit $3,500 Owner/Operator
