Sold

South Coast NSW

Turnkey Wollongong Café – Great First Business – Long Lease.

$99,000 plus SAV

Description

Be Your Own Boss – No Experience Required – Fantastic First Business!

The owner is motivated and wants to get a deal done NOW! They have given strict instructions to sell this business, and is inviting serious offers form genuine buyers.

An incredible opportunity now exists to own your own café with a coffee brand known for it’s commitment to providing their store owners with training, support, structure and experience, built around years of success.
This business would be most suitable for a first time buyer who is prepared to be hands on and present in the business. This will be a place where the new owner is certain to gain invaluable business knowledge and experience.
This is a well-established and operating café in a prominent high-exposure Wollongong location with loads of foot traffic, and given its sale price of only $99k. This is a rare opportunity to secure your own business well below initial start-up costs, and you would find it very hard to start your own business for this low entry price.
The café is modern and has recently been updated and refurbished. There is a long-term and secure lease in place until Oct. 2030, and the owner is willing to offer significant incentives to help support a new owner and assist them on their way to success.

This is a rarely seen low-risk opportunity and represents exceptional value for money and is a unique opportunity for a new owner-operator to step into a café with a proven and successful business model and have all of the systems and processes in place ready for the new owner to take over and start operating instantly.
TAKE ADVANTAGE NOW! Everything is set up, operating well, and waiting only for the new owner to take over, make it their own, and start trading straight away.

Staff No

The business is currently run by a manager and supported by a team of casuals.

Lease Info

The 7-year lease commenced in Oct 2023. - 4% annual increases - A Three-month bank guarantee is required.

Trading Times

7 days – Mon – Saturday 7am – 4pm & 8am – 4pm on Sunday

Size of Premises

Approx. 45 square metres. – plenty of seating immediately surrounding the café and also within the adjacent food precinct

Opportunity

The amazing opportunity here is to capitalise on the location and solid customer base with an enthusiastic approach. This is a well-established business in an amazing location that is crying out for a motivated and hands-on owner-operator to take control and seize all of its potential. The current owner is not working in the business and a more present owner/operator would see an immediate improvement in sales and profit.

Weekly Sales & Turnover

Coffee Sales Per (Kg)

25-40kg

Turnover (inc GST)

$10-14k

Rent

$1,640

Reference No: TBCEW1100

Business Listed by

Tim Beard

Hospitality Consultant and Licensed Business Broker (NSW) @ GSE Hospitality Brokers

For my whole working career I have been involved in the retail and hospitality industry, liaising closely with all aspects from junior staff, front of house, manufacturer’s, right through to the CEO of many leading companies. My role has allowed me to work for, with, and alongside all facets of day to day business life. With the objective to achieve and reach desired outcomes and increased productivity for those I have become connected to, and had the pleasure to work with.

For over ten years I have been involved in the hospitality industry specialising with a catering equipment supplier, providing knowledge and leading infrastructure across Australia. I have developed extensive knowledge and training over this period of time dealing with a diverse range of business owners and operators. I have traveled from New Zealand, Dubai, Singapore and Venice inspecting and learning the intricate processes of leading brands of appliances to best suit cafes and restaurants for maximum productivity.

I have owned and operated my own franchise retail business for 13 years prior to hospitality. Allowing myself to draw on my own experiences of customer satisfaction and connection, excellent communication skills, financial productivity, organisation and knowledge of successfully running a small business. I have experienced closely the undertaking of buying and selling a business and have benefited greatly from the process in expanding my knowledge.

I believe that building positive relationships is paramount to achieving clients objectives and goals. I have experienced first hand the daily struggles and operations that cafe and restaurant owners face, and I am passionate and committed to bringing my many skills, extensive knowledge and worldly experience to GSE.

I have always had the work ethic to be at the top of my game, and to provide excellent advice, tuition and persistent hard work until I have achieved what I have set out to do. I believe that knowledge and experience in the field is “key”, and that it is of the utmost importance to have effective processes and strategies in place for a business to run at its most productive, now and for the future.

Personally I believe that it is never too early to have an Exit Strategy in place when owning and operating a business. Not only does this provide lateral thinking for the years to come, but gives you options and flexibility to grow and achieve bigger and brighter goals and achievements.

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

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