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Sea Change Opportunity: Established Café & Events Venue in Northern Rivers, NSW
Summary
Popular, modern Cafe. Well presented, fresh looking with indoor and outdoor dinning. Liquor license, main st location with plenty of street parking. Quality equipment,nothing leased or hire purchase.
Revenue
$520,000 pa
Rent
$35,311 pa
Expenses
$372,889 pa
Net Profit
$112,000 pa
Location Details
Shop 1/ 124 Horton St
Busy main st shop front location in Port Macquarie with great foot traffic. It has ample free street parking and surrounded desirable shops, offices and services. Walking distance to Coles and other retailers.
Potential
This established cafe attracts a built in mix of loyal locals, relaxed holidaymakers and steady visitor traffic year round. Strong breakfast and lunch trade is already in place, with evening service largely untapped, allowing the next owner to shape the business to suit both lifestyle and ambition. Indoor dining, generous outdoor areas and a full commercial kitchen. Large seating area with outside garden is perfect for events or live music. Week day trade is steady, growing and has not yet reached full potential.
Skills
Whether you are an experienced operator seeking a proven coastal performer or a hands on owner looking to align income with lifestyle, established systems and loyal patronage delivers immediate cash flow today with clear upside tomorrow.
Hours
The coffee shop curently opens Monday To Friday 7am - 3.30pm
Lease
Good Landlord being the Catholic Church and we are currently in the 3rd year of a 5 x 5 lease
Employees
Cafe has 1 full time manager 2 causal floor staff and 1 chef
Reason for Sale
This location has been a cafe for over 30 years. Owners looking to retire.
About the Business
Cafe has been open for 3 years. Very consistent and busy, lots of foot traffic and regular customers. We purchased Cafe in 2022 and revamped and and updated much of the equipment. 2 new outdoor gazebos have been erected. The tired old cafe we took over has much vibe and life now, with happy return customers and many detailed 5 star reviews on google. Very profitable and able to be run with limited staff. Owners parking provided. Fully Lisenced.
History
This cafe has been successful for 30+ years, it has had a few name changes but has strong traffic path worn to front door (meaning location is quiet well known). The rent has always been rerasaonable with good landlords. As far as we are aware all previous owners were profitable and because of its long established history will continue to be for the next owners.
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