CAFE/GENERAL STORE BUSINESS FOR SALE - HERVEY BAY - QLD


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Advert #94035


18 Dayman Street Urangan, Qld, Australia, 4655

OPPORTUNITIES TO PURCHASE AN ICONIC BUSINESS LIKE THIS ARE RARE

LIVE AND WORK IN PARADISE – ONLY 300M FROM BEACH AND SEATING FOR UP TO 100

FEATURES:

  • Situated in a prime location, just 300m from a beautiful white sand Urangan beach, directly across the road from Dayman park and just 700m from Urangan Pier, The Hervey Bay General Store Café proudly sits on the corner of Dayman and Pulgul street
  • This beautiful 96 year old Heritage listed café, oozes character and charm, instantly making customers feel welcome and at home when they walk through her doors

DETAILS:

  • Currently operating Wed – Sun 7am to 2.30pm, with potential for the new owners to further increase revenue by operating 6 or 7 days, re-introducing dinners and obtaining a liquor license
  • “The Little General” food trailer in the coffee garden, presents the opportunity to host garden events such as wedding receptions, birthdays, baby showers etc, as well as quick takeout coffee and food without the need to open the main café
  • With Domestic and Interstate travel open we are experiencing  a huge influx of people moving to Hervey Bay and many mandates lifting, patronage is likely to significantly increase in the coming months
  • The current owners had little knowledge in running cafes but a strong passion for food and providing great customer experiences and have managed to create a successful café with revenue exceeding $1,000,000 in the past 12 months – $212,000 net
  • Current owners are prepared to assist with the transition for the new owner for up to 4 weeks by negotiation
  • A good strong lease is available at $3,800 pcm OR purchase the premises outright
  • The café currently employs 3 full time staff, 4 casual juniors on weekends and 3 casual adults plus the 2 owners working 4 days per week
  • Boasting 50 seats inside, 20 pathway seats and 50 seats in the beautiful garden at the rear of the café, the café allows you to cater to a large volume of guests and provides flexibility in holding events and dinners
  • On weekends, it’s common to complete over 360 dockets
  • This solid reputation for great food and service in a unique environment has helped the owners exceed annual revenue of over one million dollars, even through Covid
  • Our Facebook and Instagram page with combined likes and followers of over 13,000, online ordering via the website – https://www.herveybaygeneralstore.com/
  • The kitchen is well equipped with two 20L gas fryers, a brand new 3 burner 900mm grill, new extractor fan/range, three door refrigerated salad bar, commercial dishwasher, multiple drinks fridges and freezers, large cool room and everything you will need to continue to serve your guests efficiently
  • A full list of inventories and financials are available on request

The owners are offering 2 options:

  • The sale of the café business with all stock on hand including plant and equipment of about $95,000 for $295,000 ( $5k stock) which is a modest multiplier of only 1.5 times net revenue
  • Or be your own landlord and purchase the business and building freehold for $845,000 and own a piece of history just metres from the beach
Contact Details

[0422] 403229

Country Australia
State/Province Queensland
distance: 298 Kilometers
Address 18 Dayman Street Urangan, Qld, Australia, 4655
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