Vibrant, Popular Cafe in Beachside Town, Port Fairy - $520k Turnover

2 days ago

Private Seller Home Grown Port Fairy

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Summary

Our vibrant, popular café, Home Grown Port Fairy, is in a beautiful, historic beachside town. We use local produce to create delicious dishes, superb coffee and tasty sweet treats. Has Liquor licence.

Revenue

$520,834 pa

Rent

$40,788 pa

Expenses

$393,529 pa

Net Profit

$86,517 pa

Location Details

2/32 Bank Street, Port Fairy
Home Grown Port Fairy is located in the centre of beautiful, historic, beachside Port Fairy, on Bank Street, one of the two main streets in town. The cafe has ample parking and plenty of foot and car traffic in a shopping strip.

Potential

The cafe business is in a popular beachside tourist town so there's a huge pool of potential regular customers. More marketing could be done to further expand the customer base. The cafe could be opened in evenings to make even more revenue, or for more days per week.

Skills

Good management skills are important. You could also be good either at cooking, making coffees, or customer service, or a combination of these. The skilled staff members we're currently employing are keen to stay on, so you can take advantage of their skills too.

Hours

The cafe is currently open four days per week - Thursdays through to Sundays from 8am to 3pm.

Lease

The lease expires at the end of 2028; after that, you can choose to extend for another five-year lease.

Employees

The cafe currently has six casual staff members, who are all very reliable and skilled, and they're keen to continue under new owners if they can.

Reason for Sale

We want to spend more time with our kids while they're in their final years of high school.

About the Business

Our vibrant, popular café, Home Grown Port Fairy, is located in a beautiful, historic beachside town and is very popular with both locals and visitors.

Dishes and Drinks

We use local, ethical produce to create delicious, healthy dishes. We also serve the best coffee, tea, smoothies, and freshly squeezed juices in town, and we bake our own super-tasty sweet treats in-house.

Caters to Customers

Our cafe specialises in catering to customers with many dietary requirements, making it the cafe of choice for many customers. Many locals and visitors have been looking for something different from the standard cafe fare available elsewhere in town, so they've quickly become committed regular customers as soon as they taste our delicious dishes and fantastic coffee.

Regular Customers and Liquor Licence

We have great staff, happy customers, and superb reviews on Google. Our cafe also has a liquor licence, so you can benefit from the additional profit margins from alcoholic beverages, especially if you choose to open for dinner instead of, or in addition to, daytime hours.

A Lifestyle Business

The lifestyle in the Southwest is fantastic, with beautiful beaches, charming towns, fresh air, and friendly people. Why not have a sea change, take over and further develop the cafe of your dreams?

Current Owners and You

The current owners are a couple, with Gunilla as head chef and manager. The cafe would suit new entrants to the hospitality industry, as Gunilla can teach you everything you need to know about cooking the dishes, making the coffees, and baking the sweet treats during the transition period. It would also suit experienced hospitality owners, as there's plenty of room for further business development. This cafe business would be ideal for those wanting to experience Port Fairy and the Southwest's fantastic lifestyle.

History

The business started in July 2023 and quickly became a hit with both locals and visitors to town, building many regular customers. Since then, it has grown from strength to strength, with more regular customers and ever-busier holiday periods. Our record revenue for a day was achieved recently during the Port Fairy Folk Festival, when we sold over $9000 worth of dishes, drinks, and sweet treats in a single day!

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