Cafe and Restaurant
Darwin NT

Price: Offers Over $400,000

Well Established Cafe in Vibrant Tropical City - Darwin For Sale

Located in the heart of the Darwin CBD on the Smith Street Mall, Café 21 is an iconic Darwin establishment. The dynamic atmosphere and quality food have seen the business operate successfully for over 20 years.

As one of Darwin City's longest established eateries, Café 21 is renowned for its fresh food, great service and awesome coffee.

For the past 14 years, the current owners have focused on creating a unique fusion of local fresh flavours for their customers. The Café 21 chefs and pastry chefs create everything in-house providing a unique food experience which keeps clients returning regularly. This strong clientele base of locals represents approx. 80% of trade.

The cafe offers both internal and alfresco dining on the Mall, just metres from many office buildings and across the road from NT's Parliament House.

The cafe has been operating successfully under management for the past 5 years, and currently operates 6 days. Turnover in excess of $1.2 Mil with ample room to grow. Occupancy costs ranging between 5-7%.

18months remaining on current lease, with Landlord open to extending. The high quality commercial fit-out throughout the premises requires very low maintenance and on-going costs.

Darwin is a modern capital city highly valued by its diverse and highly multicultural population, with a strong position in business and industry. It has evolved from its days as a laid-back frontier town and while it still retains its relaxed charm, Darwin has become a sophisticated city – and arguably Australia's most cosmopolitan.

Due to its proximity to many South East Asian capitals (approx. the same flying time from Singapore and Manila as it is from Sydney and Melbourne), Darwin is one of Australia's thriving business capitals.

From the waterfront to the outback, Darwin and the surrounding areas unique natural beauty and tropical climate support a thriving tourism industry bringing visitors to the region year-round.

This is a well-managed and profitable business with a proven track record of success, located in the heart of a vibrant tropical capital city.

Further information and financial detail would be provided after inspection (by appointment) and when confidentiality requirements have been completed.

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Price: Offers Over $400,000
Client No: W1925765884
Seller prefers initial contact via email
    Private sale, no contact by agents or marketers please.

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