Successful Café, Up To 45kgs Weekly Coffee Sales, Short Drive From Port Macquarie, Well Established

Business For Sale Lake Cathie, New South Wales 2445

Business Category Cafe and Coffee Shop

$399,000 + SAV

Description

Successful Café, Up To 45kgs Weekly Coffee Sales, Short Drive From Port Macquarie, Well Established

Located in one of the fastest growing areas on the Mid-North Coast of NSW, an area surrounded by gorgeous beaches and an iconic Lake, the business is conveniently located at the main shopping centre and community hub. Highly visible from the main road with easy parking and a high volume of passing foot trade.

Operating successfully for the past 14 years, with exceptional growth year on year over that period. The business has been unaffected throughout the Covid pandemic as sales have continued to increase, a reflection of the areas growth, loyal customer base and solid takeaway trade.

There are 55 seats of covered alfresco dining and an interior which contains a full kitchen, servery window with grab n go cabinet.

Currently trading 6 days a week Monday to Saturday from 5.30am to 3pm and closed Sundays, with strong coffee sales of up to 45kgs per week, the café has a reputation for its high-quality range of grab n go food items as well as offering a dine in breakfast and lunch menu.

The owner currently works in the business with the support of 13 staff members, however the business can and does operate well in his absence.

Currently 1 year into the first 5 years of the existing lease with 2 x 5 year option periods available, providing solid security for potential purchasers. Low rent, streamlined procedures, a competent team and excellent profit margins make this business a highly desirable acquisition for any purchaser willing to look at a regional coastal location.

With the opportunity to increase turnover significantly by opening Sundays or you can continue the lifestyle the current owner has created.

The current owner has diligently built up the trade during more than 14 years of ownership and has decided that the time has come to sell in order to focus on other priorities. The business has been exhaustively prepared for the market and will tick all the boxes that a savvy buyer will be looking for.

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

Staff No
Owner 13 Staff in total (F/T, P/T and Casual)

Lease Info
Currently 1 year in to the first 5 years of the existing lease with 2 x 5 year option periods available

Trading Times
6 days a week Monday Saturday from 5.30am to 3pm

Size of Premises
24m2 indoor & 52m2 outdoor approximately

Opportunity
Increase turnover significantly by opening Sundays and extending the daily opening hours.

**Weekly**
Coffee Sales Per (Kg) 45
Turnover (inc GST) $23,974.83
Rent $499.94
Wages $6,552.02
Net $4,568.74
Contact Seller
Paul Leach

Bsale ID: 578990

GSE Business Consultants
Make Enquiry

Thank you, your enquiry has been sent now.