Mid North Coast Cafe/restaurant - Prime Location, Well Established

Business For Sale Port Macquarie, New South Wales 2444

Business Category Cafe and Coffee Shop

$195,000 + S.A.V.

Description

Mid North Coast Cafe/restaurant - Prime Location, Well Established

Located in the coastal town of Port Macquarie on the Mid-North coast of NSW, an area that boasts beautiful beaches, a laid-back lifestyle and a strong year-round tourism trade, this local eatery is a unique and well-presented business with a solid reputation for great service and amazing food.

Established for seven years, the current owners having been at the helm from the beginning have created a warm and inviting space which has proved a huge success with locals and tourists alike.

Situated in one of the towns most picturesque and historic buildings, right in the heart of the towns CBD and only metres away from the regional gallery, theatre, shopping centre and hotels there is no shortage of passing trade day or night.

The interior decor of the business has been carefully created to have an eclectic yet clean lined feel, with beautiful hand printed wallpaper, on trend stainless shelving and warm timber benches with seating for up to 16 patrons. This space was temporarily adjusted following Covid restrictions to change from an indoor Cafe to exclusively outside dining, moving from table service to order at our counter window area. The integrity of the interior has however been maintained, so a move back to indoor seating is a quick fix with little to no cost involved.

The large and inviting alfresco area, with distant views of the Hastings River has the European vibe of a cobbled courtyard, seating for up to 46 customers and is adorned with purpose-built planter boxes, stylish bistro tables, chairs and umbrellas which positioned under a canopy of trees provide shade and a pleasant atmosphere.

The clientele enjoy dishes from a well-produced menu plus a popular specials board which is based on local and seasonal produce and a great way to minimise wastage.

The owner is the full time chef within the business and is supported by 10 additional members of staff. Current opening hours are Monday to Saturday 9am to 2pm and closed on Sundays. A new 5 x 5 year lease has just been signed.

This profitable business is ready for a motivated buyer to take the reins as an owner/operator, extend the hours of operation past the current lunchtime only trade and reap the rewards. Prior to Covid the business operated a highly successful evening trade which would be easy to re-introduce. This business is all set-up and ready to go, the daily operational procedures are already expertly run, further profitability can be obtained by increasing margins plus there is strong demand for take home meals, including delivery platforms and function catering.

* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.

Staff No
1 x Owner/Chef 10 additional staff members

Lease
A new 5 x 5 year lease has just been signed.

Trading Times
Monday to Saturday 9am to 2pm

Opportunity
Extend the hours of operation past the lunch-time trade and reap the rewards. Re-open for evening trade, Increasing food margins Strong demand for take home meals, including delivery platforms Offer function catering

**Weekly**
Turnover (inc GST) $12,510.00
Wages $2,910.00
Rent $884.00
Net Profit​ $3,060.73 (26.91%)
Contact Seller
Paul Leach

Bsale ID: 581684

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