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

Description

This is a rare opportunity to acquire a high-performing, diversified hospitality business in Ocean Grove, a café that also operates as a fully licensed bar. The business is profitable, systemised, and deeply embedded in the local community. The business has been operating successfully for several years and has evolved into a trusted local brand known for quality, consistency, and community connection. It benefits from strong year-round trade, with additional seasonal uplift during peak coastal periods. It delivers strong net profitability and immediate cash flow for a new owner. Multiple, Complementary Income Streams Revenue is generated across several aligned and reinforcing streams, including: • Private events and venue hire • Open mic nights and dating events • Co-location with two other high traffic businesses that see over 150 people most mornings This diversification significantly reduces risk and provides stability, even in changing economic conditions. Café & Licensed Bar The café is a popular local destination, operating successfully as a daytime venue and transitioning into a bar in the evenings. A full liquor licence is in place, enabling higher margin trade and creating opportunities for events, community nights, and private functions. The venue has a strong following and is well positioned for further development of evening and event based trade. Prime Location & Cost Advantage A standout feature of this opportunity is the very low, long-standing rent secured for the Ocean Grove premises, providing a significant competitive advantage and supporting strong margins. Rent is locked in at less than $20,000 per annum, a highly unusual level for Ocean Grove in 2026. The business is located directly opposite a newly built bike park, a major local infrastructure investment that is already increasing foot traffic and visibility. This supports both immediate exposure and long-term growth potential, particularly for food, beverage, and casual visitation. Turnkey Operation The business is fully staffed, with systems, suppliers, and processes in place. It can be operated as an owner operator business or transitioned to a managed model. It is currently under full management, making it an attractive investment. Existing staff provide continuity, and training and handover support will be provided to ensure a smooth transition. Growth Opportunities While the business is already profitable, clear opportunities for future growth include: • Expanding trading days to 7 days per week • Expanding trading hours into afternoons • Transitioning to owner operation The owner is consolidating focus onto another successful business. This is a strategic sale, not a distressed sale. Full financial information is available to genuine buyers, and comprehensive handover support will be provided.