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Artisan Coffee Shop In Picturesque Victoria For Sale

Tallangatta, Victoria
Asking Price:
$199,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$235,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

This is a small, funky and respected business that is four years old and is a proven recipe for success that values an artisan approach to life and food.
The freehold and licensed cafe is now for sale, ready for someone to take over and continue the growth of this popular local institution and visitor destination.

The building is appx 100 sqm and sits on the 350sqm property that boasts a large backyard and shed showing plenty of room for development and expansion.
The business is licensed for up to 80 patrons and is fully equipped with all fittings, fixtures and furniture to be included in the sale.

The work/life balance chosen by the current owner-operators sees the business trading four days per week from 8am-2pm; a further indication of the potential growth should you choose to increase the number of trading days and/or adding dinner service.

Tallangatta has a population 1082 (2016 census) and is just over 30 mins from Albury/Wodonga on the shores of Lake Hume in picturesque North East Victoria. Declared a “notable town” by Heritage Australia it boasts a unique history that one first encounters by the Modernist architecture that makes up the town’s retail strip. Tallangatta offers and array of sights and activities for day-trippers and holiday makers from cycling along the High-Country Rail Trail to boating and fishing on Lake Hume to hiking and camping in the surrounding state and national parks. Car and motorcycle enthusiasts also delight in the scenic road touring the area is known for.

The property and business are for sale by Expressions of Interest. Sec 52 Business figures and Sec 32 Vendor Statement are available to genuine enquiries. Expected selling range of the business & freehold is $185,000 to $200,000

Property Information

Real Estate:

Real Property Included

Location:

Prime High Street Location

Premises Details:

Double Shop Front
Large Front Windows
Light Airy
Toilets
Rear Lane Access (for deliveries)

Business Operation

Expansion Potential:

Beer Garden in backyard
Stage for Live Music
AirBnb Accommodation (Shed Renovation - see Architectural image attached) STCA

Competition / Market:

NONE-Only Cafe in town serving Breakfast and Brunch
(There is a Bakery, Fish n Chip Shop and 2 Pubs in town)

Reasons for selling:

Career opportunity/relocation overseas

Trading hours:

Thursday - Sunday
8am - 2pm

Years established:
4

Other Information

Support & training:

Yes, support and training provided by negotiation.

Furniture / Fixtures value:
$41,000 (AUD) - included in the asking price

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