For sale: The Avocado Hut - Byron Bay's premier cafe!

For sale: The Avocado Hut - Byron Bay's premier cafe!

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Location Details :

Country

Australia

State

New South Wales

City

Byron Bay


Industry :
Food/Hospitality - Restaurant ; Industrial/Manufacturing - Food/Beverage ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

If you're looking for a thriving business in one of Australia's most desirable locations, then The Avocado Hut could be the perfect opportunity for you. Situated in the heart of Byron Bay, our cafe is a popular destination for locals and tourists alike, and our delicious food and coffee keep customers coming back time and time again.

Our menu features a range of hot breakfast and lunch options, as well as coffee, sweets, cold drinks, smoothies, and juices. With a focus on quality, fresh ingredients, our food and coffee are the backbone of our business and generate the majority of our revenue. Located on a corner block in the centre of town, The Avocado Hut benefits from high foot traffic from the 1.5 million tourists that visit Byron Bay each year. We also have a strong social media presence with over 5,000 followers and excellent customer reviews.

The Avocado Hut currently employs 8 staff, including 3 kitchen staff, 4 baristas, and 1 dishwasher, in addition to the owner-operator. The current trading hours on the lease allow for the option to open at night, creating the potential for increased revenue. The owner acquired the business in July 2022 and has already made significant investments, including a brand-new display fridge, new dishwasher, and new toaster oven. All other equipment has been serviced and is on planned maintenance, including the cool room.

Due to health reasons, the owner is now seeking to sell The Avocado Hut, offering an exciting opportunity for a new owner to take over a thriving business with enormous potential for growth in this idyllic coastal location. Don't miss out on this unique opportunity

* contact us today to find out more.
* Monthly Revenue circa $52k;
* Lease 3 + 3 + 3 (commenced 2019);
* Rent circa $6,700 per month; and
* Trading 7 days with lease permitting an opportunity to open at night.

Price: $99,000

Contact Tom Jolly at 0403 720 965 or email tom.jolly@thefinngroup.com.au for more information and to submit your offer.

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