LEASEHOLD - Muddy Waters Cafe, Wangaratta VIC - 1P0568

Description

Business type: café

Location: Wangaratta, Victoria

Trading history: since 2003

Current ownership: same husband and wife team for 13 years

Business overview

Established café in central Wangaratta.

Operating model: easy to manage

Rental costs: low

Financial performance: strong

Lease

Lease structure: 3 x 3 x 3 years

Lease terms: favourable

Landlord support: strong

Location

Position: central Wangaratta

Regional population: more than 30,000

Front access: available

Rear access: available

Customer parking: ample

Owner parking: available at rear

Seating

Total capacity: approximately 95 patrons

Indoor seating: available

Courtyard seating: available

Alfresco seating: available

Premises

Shopfront: double fronted

Ice cream section: included

Confectionery section: included

Commercial oven: near-new Bertazzoni

Kitchen

Existing kitchen: operational

Expansion plans: pre-approved by landlord

Renovation potential: available

Growth

• Extend trading hours
• Increase dine-in sales
• Add DoorDash
• Add Uber Eats
• Expand delivery revenue
• Renovate and enlarge the kitchen

Opportunity

Established regional café.

Low-rent operating structure.

Large seating capacity.

Further trading and delivery growth: available.