This café is laden with potential still to be realised. It is located 100 meters from the beach, and is surrounded by hundreds of holiday apartments in this tourist hot spot. We should not underestimate the local resident market, with an ever-changing demographic base due to the continued influx of new residents relocating from other states/countries.
The current owners are a corporation that purchased the business in 2019, to fit a broader strategic diversification from their core business. The location was severely impacted throughout the entire Covid period but has bounced back well in recent times. Despite this, they have decided to sell the café and focus back on their core market.
The day/day operation is managed entirely by staff with very limited intervention from Head Office. The business ideally needs an experienced ‘Owner/Operator’ to drive the undoubted opportunity for further growth.
The business has been priced to sell and sell quickly. The assets that come with this fully functioning business are likely to be more than the asking price !