Well Establish Licensed Wagga Wagga Café-Operating under Management, Low Rent
$349,000 plus SAV
Description
For sale is one of Wagga’s most successful and iconic local cafes. The business is known for great quality coffee and elegant yet simple, approachable food. The popular business has enjoyed strong and consistent sales growth over a sustained period of time and has developed a loyal following of regular customers.
The business is bustling and always has a crowd of people sitting enjoying coffee, brunch or lunch. The business enjoys favourable revies online and has a solid social media presence.
The business presents extremely well and enjoys a mixture of indoor and outdoor seating. The venue provides a warm and inviting setting that ensure all customers enjoy a high quality experience each time they visit. The 5 year lease includes no outgoings and the rent represents less than 5% of turnover.
If you are looking to break out of the drudge of working for others then you will be looking for a business that is going to provide a comfortable income but is also fun to run and this attractive opportunity fits the bill. The owners have prepared extensively for the sale and the staff will be very capable of helping ensure a smooth transition. With a genuine reason for sale and a reasonable price tag don’t let this opportunity pass you by.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Members only
Staff No
The business is currently run by a manager, two full time, as well as a team of casual staff.
Lease Info
The 5+5 year lease commenced in Sept. 2018. - CPI. increases
Trading Times
Mon-Fri 7am-3pm. Sat 8am-3pm. Sun 8am-12pm
Size of Premises
Approx. 240 square metres. - Toilet, Full commercial kitchen and storeroom. Indoor & Outdoor undercover seating area.
Opportunity
This business provides immediate opportunities. It has a liquor licence that is not currently being utilised. There is immediate potential to increase profits through extending the trading hours, and operate as a restaurant in the evenings and make full use of the liquor licence.
Establish a catering side of the business.
The current owner is not working in the business and a more present owner/operator would see an immediate improvement in sales and profit.