Prestigious NSW/Vic. Border Cafe – Under Full Management. Fully Licensed.
$850,000 +SAV
Description
This multi award winning and highly profitable cafe is being offered for sale for the first time. It is currently run fully under management, and this prominent leading cafe is a popular destination for locals as well as being a ‘go to venue’ for a large number of travellers and visitors to the region. This cafe boasts a strong online presence and following, with very favourable reviews.
This iconic cafe is perfectly positioned on the New South Wales, Victorian border. primed and ready for a new operator to seize this unique opportunity and continue to harness the amazing growth potential this cafe presents.
The business has been diligent in it’s operations and is rapidly approaching pre-pandemic trading figures. For the Financial Year 21/22, sales averaged $43k per week and are continuing to climb. The new owners will receive a new lease with 5+5 term available and, with rent versus Net turnover minimal for this exclusive opportunity.
The cafe serves its customers an exquisite range of breakfast treats utilising local produce and catering to all dietary requirements. The sourdough crumpets or poached eggs are a must. Lunchtime or afternoon fare is also fully covered with a menu list sure to tempt the fussiest of diners. Coffee, tea and an extensive beverage list complement the menu. As part of the set-up, a professionally fitted out commercial kitchen with an adjacent freezer & cool-room, food preparation and storage area is available.
The opportunity here is to capitalize on the location and solid customer base. With an enthusiastic approach, the new owner could build profit quickly, by extending the operating hours and take advantage of evening trade, plus seek out further market opportunities, including functions and delivery as well as exploring catering.
Members only
Staff No
The business is currently run by a manager, six full time, and a team of casuals.
Lease Info
A new 5 x 5 year lease is to be implemented with the sale
Trading Times
7 days - 9 a.m. to 3 p.m.
Size of Premises
The premises are immaculately presented. - The dining room designer aspects throughout and the full professional commercial kitchen includes a cool & freezer room with plenty of storage. There is ample outdoor undercover seating area as well as a takeaway window to serve passers by
Opportunity
Extend the trading hours, and operate as a restaurant in the evenings, source functions and 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.