This profitable and well established cafe and restaurant is located in a fashionable hotel building full of charm and character. Prime position with great exposure to foot traffic, situated on a main road.
Sales are average $ 31,000 per week with peaks of $ 40,000 per week on long weekends and holiday periods.
Rent is just over $1,000 per week!
The previous owner held a Commercial Hotel Licence so the opportunity exists to reinstate this and take the business to the next level.
The size and the layout of the premises presents huge opportunity for the new owner to operate many different business models successfully (cafe, restaurant, pub, bistro).
The business benefits from street seating, indoor/outdoor area, a function room with a separate bar for private events.There is also a full commercial kitchen, walk in cool room, walk in freezer and beers on tap.
This is a highly profitable business that ticks all the boxes and is already producing strong consistent sales.
This business has been established in its current format for several years and it currently trades seven days serving breakfast and lunch (7am – 3pm) and dinner five days (Tuesday to Saturday) till late.
The current owner has been in the industry for many years and has now decided to step back and relax. A full training and handover period is being offered to ensure a smooth transition of ownership.
This opportunity will suit an investor looking for a business under management or an experienced owner operator looking for a larger operation.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
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