Torquays' Booming Locals' Cafe
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Are you looking for a Profitable Surf-Coast cafe in a prime location? On offer is a local favourite with a recent"price drop", owner-operated and situated adjacent to Woolworths earning a solid income requiring only 32 hours per week.
This daytime cafe serves coffee, cakes, pies, baguettes, quiche and many other sweet and savoury treats. With a breakfast/lunch menu and a wide selection of catering options that can be delivered, there is something for everyone. Friendly and welcoming staff greet local customers by name, their great service fosters loyalty and word of mouth has spread quickly.
The key business features are:
• Surf-Coast lifestyle on offer.
• Excellent location.
• High volume of sales.
• 10 years in operation with loyal locals.
• Simple food serving breakfast and lunch.
• 70 pax seating.
• Additional revenue from catering.
• Excellent sales to rent ratio.
• Excellent sales to expenses ratio.
• Fair rent and long lease.
• Can be profitable under management.
• Excellent suppliers and equipment.
Why has this business been successful?
Being in an ideal location with a major supermarket adjacent and ample car parking sees constant foot traffic pass the cafe, mum’s, bubs, school kids, seniors, tourists, holidaymakers and regulars popping in for a coffee and take away snack.
High revenue is generated from the ability to offer great food at affordable prices that can be eaten in or taken away, match that with a good coffee and passers-by don’t think twice when their stomach rumbles. Local business owners prefer the lunch menu and pop in during the week. The catering delivery options consist of delicious platters and services local businesses, schools and government increasing sales and profits. This service also brings new customers to the cafe and increases customer loyalty. Catering customers also request Christmas meats and hampers which are pre-ordered every year as the business closes Christmas day, Boxing day and Queens birthday. There is an opportunity to open these public holidays and capitalise on the tourist/visitor trade who are always looking for their daily coffees.
The premise itself offers an indoor-outdoor experience with the main shop window opening right up for the warmer days. Being so close to the ocean creates a relaxed vibe and patrons enjoy the open ambience also making it more inviting for tourists and first-timers passing by.
The cafe has previously operated under management providing a decent return to the owner, however working the business 32 hours per week offers a better income and is highly rewarding as the locals, young and old are a mixed bag of characters.
If you are looking for a cafe with great food, high turnover, and regulars you will enjoy getting to know, then enquire now. Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Price: $199,000 + SAV
Finn Business Sales
Geelong and South West Victoria
Office: (03) 5259 9970
Broker: Anthony (Tony) Dickson | Mob: 0431 279 400 | email@example.com | visit us at geelong.thefinngroup.com.au
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