Take the helm of a bustling cafe and fish & chips shop, offering both fresh and cooked seafood. Located in a picturesque setting at Broadwater Park, this business overlooks the water, providing a serene dining experience for guests. This unique combination of a coffee shop and seafood outlet has been a popular choice among locals and tourists alike.
Key Business Details:
- Location: Situated in a prime spot within Broadwater Park, with stunning waterfront views.
- Lease Details: The annual rent is $135,000, with 4 years remaining on the current lease. The business has successfully operated here for 12 years, with multiple lease renewals.
- Trading Hours: The cafe operates daily from 7 AM to 3 PM, while the fish & chips shop serves customers from 11 AM to 5 PM, seven days a week.
- Management: Fully managed with the owners dedicating around 10 hours per week to payroll and accounts.
- Staffing: Comprising 15 employees, including 3 full-time and 12 casual staff, ensuring smooth operations.
- Ownership: Established in 2010, the business has been consistently profitable.
Growth and Expansion Opportunities:
- Extend Operating Hours: There's potential to increase revenue by extending hours to include dinner service and possibly introducing a breakfast menu.
- Leverage Location: Utilize the park's events and activities that draw large crowds to further boost foot traffic and sales.
Reason for Selling: The owners are divesting to free up capital for a new venture later this year, providing a rare opportunity for a new owner to step into a well-established and profitable business.
Training and Transition: Comprehensive training will be provided to ensure a smooth transition. The skilled and reliable staff are also capable of assisting with ongoing training, ensuring continuity of service.
Business Highlights:
- Prime Location: Enjoy the natural beauty and customer draw of Broadwater Park.
- High Profit Margins: A profitable model with significant potential for further growth.
- Established Brand: A decade-plus of operation has solidified its reputation in the community.
Investment Appeal:
- Ideal for buyers seeking a business with a proven track record, substantial customer base, and significant expansion potential.
Don't miss this opportunity to own a thriving business in a stunning location. Send us an enquiry today to learn more about this exciting offer and to discuss the next steps.
