Reference No:

Cafe and Restaurant
Kings Meadows TAS

Price: $195,000 + S.A.V. WIWO question mark popup button

Peckish – Leasehold Cafe For Sale

Peckish is one of the longest standing and most popular cafes along the bustling Hobart Rd, Kings Meadows, having been in operation for over 20 years. The café offers both indoor and outdoor dining, as well as takeaway, catering, across a 202 sqm tenancy, including full commercial kitchen with grease trap.

Café can be accessed both directly via Hobart Rd and discreetly via rear car parking facilities adjoining the Coles Meadow Mews complex. This leaves Peckish ideally situated to capitalise on heavy foot traffic, whist providing ease of access to its existing loyal clientele base.

Having successfully operated the business since 2005 current owner is seeking to pass on the business as he transitions to retirement.

Features

- Ideal location
- High foot traffic with rear parking
- Fully licensed – Special (Restaurant)
- 80 seat dining capacity, can cater for greater numbers with stand up functions
- All plant and equipment included and well maintained
- Fully installed and compliant grease trap
- Established clientele base
- Strong morning coffee trade turning over 25kg coffee per week
- Strong online reviews (Facebook 4.8/5, Google 4.4/5)
- Annual Turnover circa $450k during a Covid impacted FYE 21
- Sound, non-seasonal cashflow
- Untapped potential for income growth via delivery partners (Uber Eats, Doordash)
- Existing lease in place with 3 year option available July 22
- Currently operating with two full time staff and pool of casuals

Peckish offers and outstanding opportunity for both those looking to enter the hospitality industry with the backing of a proven business, or an experienced operator with the ability to capitalise and build upon a strong clientele base and prime positioning.

Business is offered for sale at $195,000 + SAV on a walk in, walk out basis. Financial information available by request.

POTENTIAL PURCHASERS ARE TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. ALL FIGURES QUOTED ARE APPROXIMATE.

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Price: $195,000 + S.A.V. WIWO
Howell Property Group
Address:
61 Cameron Street,
Launceston, TAS, 7250

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Contact: Andy Howell
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