Business For Sale By Owner: Byron Bay, NSW 2481

3/29 Brigantine Street, Byron Bay, NSW 2481

Vendor Details: 0488 847 018 Enter Phone Code 77965 when prompted.
Food/Hospitality
Price: $179,000
Vendor Details: 0488 847 018
Enter Phone Code 77965 when prompted.

Profitable cafe in Byrons A&I Estate. Location, location, location!

The Phone Code for this property is: 77965. Please quote this number when phoning or texting.

This stunning cafe is currently run as a cafe/takeaway at undoubtedly the number 1 location in Byrons booming Arts and Industrial Estate. Everybody in Byron knows the location. Thousands of cars pass by on a daily basis. Fantastic visibility.

Location wise, things will only get better. 2 of Byrons biggest developments in the next 2 years will be at a stone trows distance.

Other key reasons why this cafe stands out:

1. Long lease: 1x3x3. The lease extensions are protected with a cap, so no unexpected increases of the lease
2. Lease is very reasonable given location, size and versatility of the floorspace, rent and outgoings are AUS 978.16 per week.
3. Turnover steadily improving, during low season around AUS$ 8,000 per week. During highseason, turnovers of AUS$ 12,000-16,000 are within reach. Very short business hours (8am-3pm weekdays, Saturday and Sunday 9-2)
4. Cost of goods well under control, on average below 35%. Loads of high margin products.
5. Great fully trained staff available as casual.
6. The cafe has been fully renovated and the floorspace is extremely versatile. The space can also be used for other type of businesses. Huge underutilised outdoor space available too.
7. Inventory is in great condition. Most of it is near new.
8. Fantastic reputation and reviews. Great Vegan and Gluten-free products.
9. Massive potential. Think delivery, catering and evening trade. Delivery system is set up and working! Extending opening hours is easy too.

Contact us soon. After signing a confidentiality agreement, we are happy to share more details incl. financials.

Disclaimer:

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