Cafe For Sale in Gerringong South Coast NSW

South Coast Lifestyle. $1M+ Revenue

Advert Id: 392433, Sellers Ref: (524823)
  • Location: Gerringong, South Coast, New South Wales
  • Category:Cafe and Coffee Shop, Bottle Shop, Restaurant
  • Asking Price:$265,000 + SAV
  • 265000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

Stop dreaming about the sea change and start living it with a business that performs. This isn't just a cafe, 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 - 7.30am to 3pm

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**
Coffee Sales 20-25kg
Turnover (inc GST) $20k+
Rent $1,435

Gse Hospitality Brokers

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