S'presso 101 Cafe
Summerhill TAS
Last asking price Not disclosed
Sold June 2023
Food & Drink
NAI Harcourts are proud to offer to the market S'presso 101 Café, a very successful family owned and operated café located in the Launceston suburb of Summerhill. The business is to be sold as a going concern with the option to either establish a formal lease or purchase the freehold property which includes a 4 bedroom house and a separate commercial tenancy both returning solid passive income streams.
Catering to both the dine in and takeaway markets, the existing owners have a very loyal client base including the workers passing by in the morning for coffee and breakfast, the afternoon school pickup from Summerdale Primary / St Patricks College / Prospect High and workers / clients from surrounding businesses such as the Summerhill Medical Centre.
S'presso 101 Café currently trades 5 ½ days a week, subject to approval there is the possibility for 7 day trading, on top of this there is potential to grow the business in the areas of catering and functions. Year on year the business has shown growth which is a testament to the owner's hard work over many years, they are also happy to remain in the business to provide support to a potential purchaser.
Here is your chance to purchase a well priced, established and profitable business that is sure to provide you with a great income moving forward.
• An established business with a database of regular customers
• Potential for expansion for more catering and functions
• A community café in a growing and suburban area
• Opposite to one of the largest primary schools in the state
• Easy level parking for convenient takeaway coffee and food
• No additional setup costs
• Widely recognised for great coffee and food
• Option to purchase freehold including 4 bedroom house
For more information and to discuss your requirements please contact Andy Howell of NAI Harcourts North.
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