Licensed Cafe on the Spirit of Tasmania Route - $1M+ Revenue
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About this business
In the broker's words
Full description, as written by the brokerA turnkey hospitality business generating $1m+ annually with proven customer loyalty, trained staff, and ready-to-operate systems. Rustic, bright venue with high ceilings and mezzanine level.
Versatile space that successfully hosts both daily service and events. Embedded within the Devonport community for 15 years, the business enjoys strong support from locals, commuters, visitors, and a loyal base of repeat customers built over multiple generations.
Key Opportunity Highlights:
Strong Financial Performance
- Annual Revenue: $1m+
- Proven high and consistent profitability with a 15 year operating history
- Commercial-grade fit-out & equipment value: Approximately $200k alone!
- Established location with a consistent customer base
Operational Strength
- Trained, experienced team of 14-15 staff already in place
- All systems and procedures established
- Ready-to-operate business with no ramp-up period
- Turnkey operation requiring minimal transition time
- 7 days a week Lunch and Brunch
- 85 seats
- Community reputation belongs in the introduction
- Takeaway coffee trade is an operational strength
- Liquor licence in place
Security & Stability
- Long-term lease security: Approximately 14 years remaining
- Solid local reputation and customer loyalty
- Supportive handover and training available
- Lifestyle-friendly business model
- Generational loyalty supports stability
Growth Potential
- Expand into evening dining service
- Scale off-site catering offerings
- Partner with Devonport's growing tourism sector
- Leverage existing event platform for higher-margin revenue Ideal Buyer
- Experienced hospitality operator
- Owner-operator ready for hands-on involvement
- Cafe operator seeking an established venue
- Someone who sees upside in operational improvements
- Spirit of Tasmania is a growth/market opportunity
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Finn Business Sales
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