The Red Velvet Lounge has long been a favorite of locals and tourists alike. Located in the lovely town of Cygnet one of Southern Tasmania's most popular destinations for tourists and day trippers from Hobart.
The Cafe is located in a historic building which was originally a general store, it is a large open space with high pressed tin ceilings. The large commercial kitchen also contains one of the largest wood-fired ovens in the state.
The Cafe is perfect for an owner-operator/couple who is looking for a fantastic lifestyle business in a stunning location. There is scope to offer evening trade and an excellent opportunity to grow the functions side of the business.
Some key points of the business
Excellent lease in place with cheap rent
Over $100,000 worth of plant & equipment
Excellent online reviews and fantastic social media presence across Instagram and Facebook
Fantastic opportunity for a savvy hospitality operator to take the business to the next level
Prime Location
Solid Trading year round
Fantastic lifestyle business
Current turnover over $15,000 per week
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Mark Bent
TA00248
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: mark.bent@linkbusiness.com.au
Ref: TA00248
Timestamp: 20240429083003
