Short Hour Licenced Cafe Sales with Coffee Sales $40k pw

Price: $230,000 + Stock
Short Hour Licenced Cafe Sales with Coffee Sales 40kg PW

Key Sale Highlights

Business Overview

Short hour cafe from open 7am to 12 noon (currently no lunch trading).

Bar opens on Friday & Saturday afternoon/evenings 4pm – 9pm.

Ideal short hour business that provides the best of a work/play lifestyle.

Coffee speciality house that prides itself in stocking a unique range of single origin beans along side a popular well known blend (Single O).

Situated along side Ettalong Galleria/Markets and art deco Cinema Paradiso, the café/bar is located perfectly with huge main road frontage & only one block from the Palm Beach Ferry wharf – bringing in regular Palm Beach day trippers.

This hugely popular casual style cafe is fully licenced with a welcoming new bar fit-out, alfresco area seating 66 including the covered front patio area with a further 28 seats inside the cafe.

Located in one of the Peninsula’s busiest retail hubs, the business has an imaginative and unique fit out with a welcoming & relaxed appeal, free on street parking and provides a wealth of passing foot traffic.

Surrounded by many other commercial and retail businesses and set amidst a well-established tightly held residential beachside community, the business is an easy stroll (400m) to the Peninsula foreshore and beaches as well as many parks and walkways utilised by the locals and visitors alike. Lots of local mid-rise apartment construction taking place which will ensure lots of additional new “locals”.

The café & bar enjoys many repeat local regular customers, Ferry day trippers & busy holiday trade. It is well known for it’s coffee along with the combination of a relaxed, yet hip atmosphere, with a simple and easily prepared in-house menu.

Selling 40kg plus of Coffee per week, along with guest roasters providing their specialty single origin coffees, this coffee destination delivers quality and variety in abundance.

Established 6 years with sales in excess of $1m per annum plus the sales from recently opened bar.

Strong social media and Instagram following of 3,387, established website and online ordering available for full range of coffee, food or retail options.

Very good loyal staff including Chef & fully trained front house.

Plenty of potential to expand the business & lunch trade if desired and take advantage of the outstanding goodwill and reputation. The straightforward systems and procedures and well organised supply chain will suit both an experienced owner operator or someone looking to start a new hospitality venture. The vendor will provide training if required to assist the buyer with a successful transition of the business.

Strong Lease 3 years with a 3 year option in place with reasonable rent for premises size.

Sale Price – $230,000 plus SAV (approx. $5k – $7k)

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

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