Profitable Riverina Cafe – Low Rent, Part Vendor Finance Available

Business For Sale Wyalong, New South Wales 2671

Business Category Cafe and Coffee Shop

$140,000 + SAV

Description

Profitable Riverina Cafe – Low Rent, Part Vendor Finance Available

Offered for Sale for the First Time in more than Fifteen Years!

The Freehold is also available in addition to the business.

This well known iconic Cafe located in the Riverina area has been with its current owners since 2005 and seats around 60 people inside and 15 people outside.

The business offers the new owners the opportunity to continue trading in its current format or adapt to a new style and new trading hours.

Popular with locals and a must stopover for travelers, it serves traditional fish and chips, homemade hamburgers as well as a breakfast, lunch and dinner menu. In addition there is a pizza menu 4 nights a week.

The cafe became fully licensed in 2012, which saw a strong increase in turnover.

Healthy option meals such as Paleo, Raw Foods and Superfood Salads have also been introduced over the past 6 years with a view to increase trade by appealing to a wider market. This has benefitted the business greatly.

This Cafe has a great reputation locally and constantly receives positive reviews on Google, Facebook and Trip Advisor.

The business underwent renovations in 2012 with minor refurbishments to maintain its authentic Greek style cafe feel, so there is nothing left to do, the new owners can just walk in and start trading.

In addition to the Cafe, the new owner will have the option to purchase a second business which trades from the premises. This business sells high quality organic foods, snacks, gluten free options, vitamins, supplements and protein powders. This secondary business has been trading for 5 years and can be purchased for an additional $10,000 plus SAV.

The owners of the business are willing to discuss part vendor finance to suitable buyers.

The freehold of the property is also available to purchasers looking to secure the building as well as the business.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Info
The 5x5 year lease commenced in February 2019. - CPI. increases

Trading Times
7 days 9am to 9pm

Size of Premises
184 square metres. - Full commercial kitchen. Outdoor seating area.

Opportunity
There is opportunity to open earlier for breakfast or to expand catering side of the business

Note to buyers
This business is being sold by the owner with our support from GSE through our Six Steps to Sale Program this means that you will be dealing directly with the seller.

GSE will send out information about the business for you and if you wish to view the business this will be arranged directly with the seller.

**Weekly**
Turnover (inc GST) $10,000
Rent $530
Wages $2,750
Net Profit​ $2,437.96
Contact Seller
Paul Leach

Bsale ID: 582935

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