Summary
Long established Local Seafood Cafe and Takeaway. Well known presence within Ulverstone, Tasmania. Great reputation for high quality Seafood and other menu items.
Revenue
$650,000 pa
Rent
$5,500 pa
Expenses
$550,000 pa
Net Profit
$100,000 pa
Location Details
1 Wharf Rd
Located on Ulverstone Waterfront, sourrounded by park and other hospitality establishments. A favoured spot for the locals and travellers.
Potential
Great opportunity for family operation. Untapped outdoor spaces for growth of customer numbers. Unexplored expansion of operating hours. Breakfast/Brunch trade demand untapped.
Purchase can be either Freehold or Leasehold.
Skills
Knowledge on food preparation, especially good quality seafood. Energy for the committment. Sound knowledge of costings and margins. Hospitality background.
Hours
Monday to Sunday 11.30am to 7.30pm are trading hours
Preparation and close hours an additional 2 hours per day.
Lease
Leasehold Rental per annum $104000
Freehold purchase comes with Crown lease (20 years) - cost $5500 per year
Employees
Currently 3 senior staff
7 casuals including juniors
Reason for Sale
Owners personal reasons
About the Business
Origially named Pedros Takeaway, and was the sister location for Pedros The Restaurant. Sold seperately in 2020 away from Pedros the Restaurant to ensure continued legacy and tradition. Renamed to Sail Away Cafe or Sail Away with Pedros, along with new kitchen and Front of House renovations in the past year, opportunities are endless for this beautiful location.
New additions and services introduced such as Home Delivery, along with menu changes to include other items such as house made Burgers and Kebabs.
With an emphasis on quality - this is no standard takeaway, sourcing only the best local produce and hand making most of the menu on offer.
Catering and event bulk orders are common, excellent weekend trade.
History
Established by the original Pedro team over 30 years ago, from its humble beginnings serving freshly cooked to order fish and chips from a boat on the dock - to the building of 2, over the water, shops. The Cafe / Takeaway building is serperate to the restaurant in construction. Such a great community story and huge following, solid repuation and active supporters of local produce.
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