Business Sold Victoria
Business Category Cafe and Coffee Shop Restaurant
SOLD
Description
Salty Cow Cafe
Secure an income at a bargain price and prepare for the new normal as restrictions lift with one of St Leonards local seaside cafes and wine bars, serving up great coffee and generous food portions. On the menu are tasty waffles, bacon and eggs, pasta, salads, tasty desserts, and on the go options - a real variety of choices for anyone and everyone.
The cafe and wine bar operates six (6) days per week, closed Mondays, trading hours are 7:30 am to 2:30 pm Tuesday to Thursday and Saturday to Sunday, Fridays remain open until 7:30 pm.
Peak times are all school holiday periods, particularly December and January, public holidays and weekends keep the cafe busy while the quieter periods are throughout the winter months (June, July, August). During the winter period, the owners will often take holidays, but the cafe remains open and runs with casual staff members.
The key features of the business are:
• Great support from the locals of St Leonards and regular holiday visitors, offering loyalty cards as an incentive for customers to return to the cafe for another coffee, beverage, delicious breakfast, or lunch
• The business owners operate with one casual staff member, also able to run the cafe if the owners are away for the day or on holidays. The casual staff member acts as the assistant manager and does the barista service as well as customer service and cleaning
• The opportunity for the cafe to open for evening meals, especially during holiday periods and busy times would see a significant increase in sales as well as expanding the menu and hiring a chef for these sittings
• All plant and equipment is included in the sale, worth $30,158
• Great weekly rent with a five-year lease
• Outdoor area with seating already trading during COVID-19
• Three (3) entreating areas to comply with COVID-19 safety rules
• Suitable business for a couple to run
What makes the business successful?
During the week customers are typically locals and from the Bellarine Peninsula area. The weekends and holiday periods are busy with tourists and regular holiday house visitors.
Many customers find their way from referrals for the excellent food quality and coffee. Passers-by will stop and pop in for a coffee, returning later in the day to order off the menu.
To put it simply, at this price it’s a great opportunity to prepare for the COVID-19 economic recovery and secure a deal before restrictions are further lifted for Melbourne and Interstate travel. This will likely see a surge in the local population and visitors getting back outside enjoying the warming weather, and visiting their local seaside cafes on the regular.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Fact Sheet.
Asking Price: $60,000 + SAV
Finn Business Sales
Geelong and South West Victoria
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Broker: Laurie Farrell
Mob: XXXXXXXXXX
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