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Renowned Cafe / Restaurant Under Full Management For Sale

Bangalow, New South Wales
Asking Price:
$399,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

* Well established business with huge reputation within the area and afar.
* Under full management and long term staff
* Easy operation selling a small selection of great, high margin products producing consistently healthy profit and income for passive owner
* Strong financials and growth since opening with lots of room to improve into evening trade, liquor, add to product offerings etc.
* Liquor license
* Operating 6 days
* Incredibly low rent
* Loads of good will
* High quality equipment that is barely used, easy to operate and is owned outright

Property information

Real Estate:

Lease

Lease Terms:

3x3 (9 years)

Leasehold Rent:

$21,000 (AUD) per annum

Location:

Bustling urban area with neighbouring retail and artisans. Adjacent to a school and sports oval/park

Premises Details:

35m2 approx building with fully functional food and drink preparation areas. Professionally designed fit out. Building / fitout purpose built in last 5 years for the cafe

Size in square feet:
35
Planning Consent:

All planning permissions in place and registered with local council

Business Operation

Expansion Potential:

Liquor license in place but not yet utilised. Could begin offering liquor.
Currently only operating 6 days - could expland into evening trade and / afternoon bar and small plates
Events could be promoted and catered for as the premises is strategically located to compliment and take advantage of such

Competition / Market:

A few small cafes within walking distance however these offer something very different

Reasons for selling:

Other business opportunities exist and desire to relocate

Trading hours:

Wednesday - Monday 7:30 am - 3pm

Employees:
6
Years established:
2016

Other Information

Support & training:

Happy to negotiate any support or training though little is needed as the operation runs without owner involvement

Furniture / Fixtures value:
$40,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD) - included in the asking price

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