Iconic, Well-Established, Profitable, Fully-Licensed Cafe

Iconic, Well-Established, Profitable, Fully-Licensed Cafe

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Gordon


Industry :
Food/Hospitality
Sub Industry :
Restaurant

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Phone enquiries - please quote property ID 29051.

Serving breakfast and lunch in the growing suburb of Gordon on the North Shore, this cafe is now looking for its new owners. The business has been in operation for over 40 years, and its current owners who have operated it for around 8 years are now looking to move on to other ventures. The business enjoys high profits and has survived through and bounced back after Covid lockdowns.

This café would be ideal for an existing hospitality owner or someone experienced with operating their own business, and training offered by the current owners (if required) will ensure a smooth transition. The new owners will take on a well-established business, with the lease to operate the café, along with the onsite assets and the business name, including domain and website titles.

The business is located in a busy and long-standing shopping centre in Gordon adjacent to the train station. There has been an increase in development in the area in recent years and this has seen new customer flow in recent months due to increased population growth in the area. The café itself holds a prime location in the shopping centre as it provides immediate access from the carpark and all foot traffic walks directly through the café upon entry to the shopping centre.

Further growth opportunities are available to discerning buyers should you wish to invest in the business, with opportunities in catering, supply chain enhancement, online ordering, and the possibility of extended hours. The business already has an online presence, but a tech-savvy buyer could expand upon this further.

Included in the sale:
- Processes and systems that have been in place and effective for a number of years
- Existing, competent staff, who are long-term and well-trained
- Lease (until 2028) in a great and well-known location
- Goodwill from a large existing customer base
- Website and Facebook profile
- Fully licensed

The business is quite large and will require some investment from the new owner, as oversight is a must. However, the pay-off would be generous as this business brings in great profits, and has many repeat customers, as well as continuous new customer flow. It could also eventually be run under management should you wish.

The business is very well established and well known in the local area due to its long history. Get in touch to find out more!

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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