Popular Café Located on a Busy Intersection – Mid North Coast

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Regional NSW

Popular Café Located on a Busy Intersection – Mid North Coast

Description

This well-known Café on the Mid North Cost has been established for more than 10 years and has been with the current owners since 2015. There are 15 seats outside and 35 inside the café is approx. 100 square metres in size.

The business is located on a busy intersection and is surrounded by lots of businesses, gyms and specialist health practitioners. Being situated away from the CBD means that this business benefits from a very low rent ($489) and has virtually No Competition. Key surrounding businesses include Growers Market, IGA, Rebel Sports, Liquorland, a Butcher and a Backpackers.

This café is an ideal first business with low entry cost and low overheads, if you have always wanted your own business but have been worried about spending too much or having high rent then this one is well worth closer inspection.

Coffee and food sales are strong with current sales at 15kg+ per week and the café also serves breakfasts, a range of wraps, salads, burgers and toasties, and sweet treats. The premises have a wide range of cold drinks such as milkshakes, frappes and smoothies. New growth has been found in lunch catering for local businesses, and strong relationships have been developed.

The cafe has recently undergone a major refurbishment and there is nothing left for a new owner to do.

In addition to the figures quoted the business has just added Menulog which is currently bringing in an extra $250 per day.

Due to health and family circumstances the current owners are no longer able to work in the business.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

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Business Listed by

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.

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