For Sale

Illawarra NSW

South Coast Lifestyle. $1M+ Revenue – Your Dream Start Here!

$265,000 plus SAV

Description

Stop dreaming about the sea change and start living it with a business that performs. This isn’t just a café, it’s a South Coast destination boasting annual revenue exceeding $1M and an awesome location.

The Highlights
Performance: $1M+ in annual turnover with a loyal local following and a massive tourist and visitor pull.
Security: An incredibly long-term lease in place until 2037.

Space and Vibe: Massive venue with plenty of indoor seating as well as plenty of space for outdoor dining to take in all the coast has to offer.

The Lifestyle
Whether you’re a hands-on owner-operator looking for your first business or an experienced hospitality entrepreneur seeking a solid income “lifestyle” business, this venue delivers. Imagine trading the city grind for a thriving community in one of NSW’s most desirable coastal locations.

Loads of Potential
The foundations are rock solid, but the growth and scalability are even higher. Take the $1M business to the next level by:
Extending the clock: Expand on the opening hours to capture evening trade, especially on the weekends and the peak busier period.
Liquid Gold: Obtain a liquor licence to transform the space and expand even further on the offering.
Retail Fusion: Use the generous floor space to sub-lease a retail corner or sell curated local products or other retail items.
Modern Reach: launch a dedicated delivery service and a catering arm to service the growing South Coast event scene.

Opportunities like this, combining high revenue, a 10+ year lease, and at this entry point for the calibre of business, are rare in this area. Don’t be the one to miss out.

Staff No

The business is fully staffed and ready for an owner/operator to step straight in.

Lease Info

The 5 x 5 x 5 year lease commenced in May 2022. - CPI. increases – A $6k bond is required.

Trading Times

7 days – 7.30 am to 3 pm

Size of Premises

Prime Location with Plenty of Space - Full commercial kitchen and prep. area with plenty of storage, refrigerated, freezer and dry. Outdoor seating area. Large rear garage and parking space.

Opportunity

Extend the trading hours, and operate as a restaurant in the evenings, and obtain a liquor licence. Establish a catering side of the business, expand the menu offering and seek out functions. The venue has plenty of room to potentially sub-lease space to a florist or include other items for sale and explore other revenue and income streams.

Weekly Sales & Turnover

Coffee Sales Per (Kg)

20-25kg

Turnover (inc GST)

$20k+

Rent

$1,435

Reference No: TBTDG020234

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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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 the landlord, property managing agent, 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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