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$149,000 Iconic Regional Cafe for Sale

For Sale: $149,000





Business Overview

Established 30 years ago with an unrivaled reputation in the region, this is an amazing opportunity to purchase your own successful café.


The café’s online presence and reviews put it in a class of its own in the Bathurst region, which includes a 5-star rating on Trip Advisor, a 5-star rating on Facebook, 4.7 on Google reviews, and is the number 1 ranked café from 88 in the region on restaurantguru.com.


Due to its ‘institutional’ status in the community, the café has a large number of loyal locals who ensure they stop by regularly, whether it be a bite to eat or just a takeaway coffee, generating consistent revenue all year round.


With Covid restrictions easing and regional travel opening back up, this café is primed to not only continue its inevitable profit but also eclipse it in the years to come. Situated in the heart of Bathurst with excellent street visibility/frontage and ample street parking, tourists will again be back in the region and eager to stop by.


The café itself consists of an inside area of approximately 100m2 (including a quality commercial kitchen), which offers dine-in seating for 30 guests as well as takeaway options.


With local events and weddings also back on, the business is now expanding its catering services, which can easily be expanded upon with the new owner.


Generating circa $149,000 of NET profit, or $237,000 for an owner/operator, this is a rare opportunity to purchase a profitable business with a rich history.


Features

  • Profitable business with an EBITDA of $149,866

  • Long trading history of 30+ years

  • High online rating of 5 on Trip Advisor

  • Great position with shopfront exposure and street parking

  • 5 days of trade with no evening trade

  • 100m2 of floor space catering to 30 seats




Financials

  • Net Revenue: $844,973

  • Cost of Goods: $169,814

  • Annual Rent: $35,904

  • Expenses: $77,916

  • Wages incl Super: $411,473

  • Net Profit/EBITDA: $149,866

  • Profit to Working Owner/PEBITDA: $237,866

To enquire on this business and obtain further details, please click on the blue button at the top of the page.