This is an awesome opportunity to be the new owner of this well-established café and Emporium, it would be a great first business as it is super easy to operate and has convenient lifestyle-friendly hours.
Currently, the café is doing 25kg's of coffee per week and they have a solid reputation for providing arguably the best Acai bowls in Wollongong, people will go out of their way to visit the café just to enjoy one of these bowls. There are also plenty of other snacks, treats, and sumptuous food to satisfy the most eager hunger for everyone.
The café is ideally positioned in a popular Wollongong suburb close to the university, hospital, schools, clubs, and sporting venues. There is plenty of street parking as well as an added advantage of off-street parking for customers as well as designated parking spaces for the business.
The café enjoys support from a strong and loyal customer base, with wonderful online reviews. Their location and reputation for great coffee and fresh wholesome food is constantly attracting new customers.
Something that does separate this café from others is its multiple income streams, with the business also offering an impressive Emporium retail offering for customers who visit in-store and online. Currently, the online component of this is very much under-utilised and this could create an easy opportunity for a motivated operator to fully explore and tap into much greater online sales.
The cafe also enjoys very low rent considering it's prominent Wollongong location with rent only $890/week and has over 3 years left on the current lease and with another 5-year option, this represents great security for a new owner to achieve a sound return on investment as well as loads of income and earning potential.
The venue is modern and all of the café and coffee equipment has been diligently and meticulously. The entire café and shop space is well appointed and the sale price includes all of the fittings, fixtures, furniture, and equipment, nothing is leased or provided by suppliers.
The opportunity here is for an owner to simply take over this fully established and equipped business, and with the right level of energy and motivation take advantage of all of the available earning potential.
Lease Details
The 5 x 5 year lease commenced in Dec. 2022. With 4% increases, a Two-month bond is required.
Premises Details
Approx. 90 square metres. tenant parking spaces, fitted out for Emporium, giftware and café, storage, inside and outside seating
Staff Details
The business is currently operated by the owners and casual staff
Opening Hours
7 days Mon Fri 7.30 a.m. to 2 p.m. 8am 1pm on Weekends
Opportunity
The opportunity here is for an owner to simply take over this fully established and equipped business, and with the right level of energy and motivation take advantage of all of the earning potential that is available.
A new owner could increase turnover easily simply by increasing the days and hours of trade and looking to capture more of the available foot traffic that is there each day. You could also look to expand the menu offering and provide more variety and selections to draw in more customers.
It would also be possible to expand on the online presence and explore greater online activity and sales. This aspect of the business is greatly under-utilised at present but is fully set up and operating. It just needs a motivated person to steer it in the right direction.
** Weekly**
Coffee Sales 25kg's
Sales $11,250
Rent $891
Wages $2,232
Net Profit $1,530
