Multi-stream profitable, turn key, fully licensed, cafe and bar.

Description

Business type: café and licensed bar

Location: Ocean Grove, Victoria

Operating model: currently under full management

Annual rent: less than $20,000

Business overview

Established hospitality business operating as a café and licensed bar.

Trading history: several years

Year-round trade: strong

Seasonal trade: increases during peak coastal periods

Net profitability: strong

Revenue streams

• Café trade
• Licensed bar trade
• Private events
• Venue hire
• Open mic nights
• Dating events

Location

Co-located businesses: two

Combined morning traffic from neighbouring businesses: more than 150 people on most mornings

New bike park: directly opposite

Foot traffic and visibility: increasing

Licensed bar

Full liquor licence: in place

Daytime café operation: established

Evening bar operation: established

Private functions and community events: supported

Lease

Annual rent: less than $20,000

Rent arrangement: long standing

Team and operations

Staff: in place

Systems: established

Suppliers: established

Operating processes: established

Current structure: fully managed

Owner-operator model: possible

Growth

• Expand trading to 7 days per week
• Extend trading hours into afternoons
• Transition to owner operation
• Develop evening trade
• Develop event-based trade

Reason for sale

Owner is consolidating focus on another business.

Transition

Training: included

Handover support: included

Existing staff: available for continuity

Further information

Financial information: available to genuine buyers