Short Hour Licenced Cafe with Coffee Sales 40kg PW
JUST REDUCED!
Short hour cafe from open 7am to 12 noon (currently no lunch trading).
Bar opens on Friday & Saturday afternoon/evenings 4pm – 9pm.
Ideal short hour business that provides the best of a work/play lifestyle.
Coffee speciality house that prides itself in stocking a unique range of single origin beans along side a popular well known blend (Single O).
Situated along side Ettalong Galleria/Markets and art deco Cinema Paradiso, the café/bar is located perfectly with huge main road frontage & only one block from the Palm Beach Ferry wharf – bringing in regular Palm Beach day trippers.
This hugely popular casual style cafe is fully licenced with a welcoming new bar fit-out, alfresco area seating 66 including the covered front patio area with a further 28 seats inside the cafe.
Located in one of the Peninsula’s busiest retail hubs, the business has an imaginative and unique fit out with a welcoming & relaxed appeal, free on street parking and provides a wealth of passing foot traffic.
Surrounded by many other commercial and retail businesses and set amidst a well-established tightly held residential beachside community, the business is an easy stroll (400m) to the Peninsula foreshore and beaches as well as many parks and walkways utilised by the locals and visitors alike. Lots of local mid-rise apartment construction taking place which will ensure lots of additional new "locals".
The café & bar enjoys many repeat local regular customers, Ferry day trippers & busy holiday trade. It is well known for it’s coffee along with the combination of a relaxed, yet hip atmosphere, with a simple and easily prepared in-house menu.
Selling 40kg plus of Coffee per week, along with guest roasters providing their specialty single origin coffees, this coffee destination delivers quality and variety in abundance.
Established 6 years with sales in excess of $730km per annum plus the sales from recently opened bar.
Strong social media and Instagram following of 3,387, established website and online ordering available for full range of coffee, food or retail options.
Very good loyal staff including Chef & fully trained front house.
Plenty of potential to expand the business & lunch trade if desired and take advantage of the outstanding goodwill and reputation.
The straightforward systems and procedures and well organised supply chain will suit both an experienced owner operator or someone looking to start a new hospitality venture. The vendor will provide training if required to assist the buyer with a successful transition of the business.
Strong Lease 3 years with a 3 year option in place with reasonable rent for premises size.
Private Sale– Call owner direct 0417 106 300
Sale Price – $185,000 plus SAV (approx. $5k-$7k)
Price: $185,000 plus SAV (approx. $5k-$7k) SAV: Approx. $5k-$7kk
Business Reference #: 644
Region: Ettalong Beach
Turnover: May 23 to Dec 23 $448k
Adjusted Net: TBA
Plant Value: TBA Plant Description: Contact Owner
Years Established: Since 2016
Permanent Staff: Owner (4 days) 1 Barista plus 1 chef Casual Staff: 5 casuals plus 2 juniors as required
Hours Weekday: Mon to Fri 7am-12pm
Fri 4pm-9pm Hours Weekend: Sat 7am-12pm & 4pm-9pm
Lease Terms: 3yr + 3yr
Rent per Calendar Month: $5318.17 GST: exclusive
Outgoings: $1560 Paid By: Tenant
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