Food, Beverage & Hospitality business for sale in Palmerston City
- Food, Beverage & Hospitality
- Palmerston City NT 0830
- High $200, 000's
Owner Managed High Profile Cafe. Blue Chip with high net ROI.
Phone enquiries - please quote property ID 20169
A staple high profile Café in the landscape of Palmerston, this cafe represents a community meeting space in a blue chip high value location that is newly leased with the option to extend into 2022. It has been operating successfully under management for 2 years.
This high profile cafe operates 7 days a week with fully trained and qualified staff providing high value service for breakfast and lunch.
It is operated under management and returns a high net profit ROI, full accountants figures are available on request.
The opportunity exists to purchase and play or leave it as is under management with full operation in the hands of the current manager.
There is no urgency in the sale given the current arrangement however the decision has come to sell the business to allow for the owners to progress with future investment options interstate.
The leased premises is a permanent blue chip location surrounded by government infrastructure in the rapidly developing Palmerston CBD. This is a rare opportunity to take hold of a uniquely located highly profitable business with minimal input past purchase.
The business is for sale as a WIWO operation, suited to those with experience in food & hospitality - training can be provided with an agreed upon amendment to costing if required. There are no incumbent leases or contracts to take over except the commercial premises lease.
Business trading hours are 0600 - 0200, 7 days a week including public holidays.
Professionally developed and provided content for social media and marketing.
Website, Google Review @ 5 star & FB reviews @ 4 star with high placing on Google Search.
Full financials as completed by a chartered accountant are available
Business asset valuations and listing also available.
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