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Listing Id: 33738 Last Refreshed: 07/11/2024 Total Views: 3 Broker Ref: 21392

Highly Profitable and Growing Cafe - Owners Earning $202,981 (2024)

TasmaniaCoffee Shops and Cafes
Asking Price: $220,000
Business For Takeover
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Overview

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  • Source Broker

Reason For Sale

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Description

This cafe has a high profile in the community and enjoys an excellent reputation for its quality food and services.

If you are looking for a lucrative business opportunity in a beautiful location, here is your chance to own a highly profitable, well-established cafe in the picturesque town of Strahan In Tasmania's stunning West Coast home of the Gordon Rivers cruises, Sarah Island, the West Coast wilderness railway and the world heritage wilderness area.

This Coffee Shack in Stahan has a high profile in the community and enjoys an excellent reputation for its quality food and services.
With impressive annual sales of $588,070 in 2024 and $552,511 in 2023, the cafe is growing netting the owners a profit of $202,981 for the 2024 FY

Highly renowned and respected, the cafe has a captive audience with its stunning waterfront location on the Esplanade opposite the cruise boat terminal. It is an integral part of the community, a meeting spot appreciated and frequented by both locals and increasing numbers of tourists visiting the area.

When you purchase this cafe, you will be stepping into a fully functioning, turn-key operation. They say location is everything in business, and this cafe benefits from being in a prime, central position in the heart of the town.

Key Points
Solid lease term of the current lease until 2025 + 3 + 3-year terms
Rent is $9,093 per annum
Averaging 30 to 40 kilos of coffee per week
The Plant and Equipment are owned outright and in good condition.
The current 2 owners work a rotating 7 days on and 7 days off roster between the 2 of them so an average of 26 weeks work each per year.
The café closes for 4 weeks each year over winter in July/ August to align with the cruise terminal closing for maintenance thus giving all staff time off.
Can be profitably run under management
Popular for tourists and locals alike
Fully staffed all year round - with no shortage of local applicants looking for work at the cafe

The appeal of this business does not end at its significant profitability, high profile, or its established presence. This is not just an opportunity to own a profitable café; it's a chance to become a part of a vibrant community in one of Tasmania's most scenic areas. The Coffee Shack is more than a business; it's a beloved local institution with a sterling reputation.

Don't miss your chance to own a thriving café in a dream location. Act now and secure your future with this remarkable opportunity

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/NfKvUUPKt2fR7CmT8
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