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Food, Beverage & Hospitality business for sale in Tongala

  • Food, Beverage & Hospitality
  • 108 Mangan Street Tongala VIC 3621
  • $350,000 - $400,000 (GST na)

Business & Freehold For Sale - Tongala

A unique opportunity is now being offered to acquire the ONLY cafe in Tongala.

Tonny Takeaway a beloved local eatery and the hub of the community, is now available for sale along with its freehold property. Located at 108 Mangan Street in the heart of Tongala, this well-established business offers a golden opportunity for entrepreneurs and investors alike. In securing your investment by owning the property outright, provides the purchaser with stability and the potential for future business and capital growth.

Tonny Takeaway has been well-established in the town for over 60 years and the business has grown at a rapid rate since the current vendors took over and has extremely strong cash flow with consistent weekly sales in excess of $23,000. The business offers its customers a range of popular takeaway options including burgers, souvlaki, fish & chips, freshly made sandwiches, coffee, cold drinks and other popular sweet and savory snacks. This thriving takeaway business has been a staple in the local community and operates from 7:30am to 8pm from Monday to Saturday and from 8:00am to 2.30 on Sunday.

Tongala is a small town located in the Shire of Campaspe, in the northern region of Victoria, approximately 225 kms north of Melbourne and about 30 kms east of Echuca. The town is part of the fertile Goulburn Valley, known for its rich agricultural land with dairy farming being particularly prominent. The town is also home to what was once known as the 'Nestle' factory that has recently been purchased by Tongala Nutrition, which is set to open later this year. This new manufacturer will be a major local employer and will bring many new people to the town and in turn to Tonny Takeaway, as it's only cafe in Tongala. Currently the business also attracts a regular customer base from the Greenham's abattoir workers, with Tonny Takeaway running their canteen from Monday Friday for smokos.

Tonny Takeaway has provided the current vendors with strong and consistent sales and a healthy profit since opening plus there is still plenty of upside for future growth in the business. The vendors are also offering the purchaser a comprehensive training and handover period to ensure the continuity of the business after settlement.

BUSINESS HIGHLIGHTS:
- Average weekly sales $23,400+
- Highly profitable providing a great return to the current vendors
- Open 7 days from 7.30am Monday to Saturday and from 8am on Sunday
- Seating for 14 inside + 9 outside (footpath)
- Well established for over 60 years
- Prime Location in a high-traffic area with excellent visibility and easy parking access
- Recently renovated, all new fit out, branding, equipment and flooring
- Strong customer base of loyal locals and passing tourists
- Turnkey operation ready to go - fully equipped set up with all necessary appliances, ready for immediate takeover
- No experience is necessary as full training & handover will be provided
- Outstanding reputation, well known for its friendly service and high-quality food, with excellent word-of-mouth within the community.
- Section 32 & 52 available upon request

PRICE RANGE: $350,000 - $400,000 (business & freehold)

This is an exceptional opportunity to acquire a successful business and valuable property in a booming regional community. Don't miss out on owning a piece of Tongala's culinary landscape! For further details call Karli on 0409 965 540.

Business Highlights

Business ID2019282078
Floor AreaAsk Business Broker
Category
Last updated  26 Jun 2024
Map for 108 Mangan Street Tongala VIC 3621
Map for 108 Mangan Street Tongala VIC 3621108 Mangan Street Tongala VIC 3621
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Business Highlights

Business ID2019282078
Floor AreaAsk Business Broker
Category
Last updated  26 Jun 2024

Listed by

Karli Dunham
Karli Dunham
Just Business Brokers Melbourne
Call
0409965540

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