Torquay Cafe & Restaurant “Asset Price”

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Torquay Cafe & Restaurant “Asset Price”

Independent Business Torquay 3228, Vic $95,000 + SAV | ASSET PRICE
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Quick Sale: Are you looking for a modern Surf-Coast cafe and restaurant in the heart of Torquay? On offer at “Asset Value” is a bright and happening establishment with an extensive plant and equipment list, modern commercial kitchen and everything included to take over.

This favourite spot has earned a reputation for showcasing some of the best food the Surf-coast and Bellarine Peninsula has to offer. A vibrant and funky cafe/restaurant, their coffee is to die for, and the relaxing venue with quality artisan food fills your belly and dazzles your senses.

What is on offer?

Heavily Discounted Sale: The business currently operates with one head chef and five casuals. The current owner is running another business and cannot manage both – they have relocated and want out. The current chef looks after all ordering and menu preparation, while their five casuals are trained and manage the day to day front of house, including bookings and events. The original fit estimate is $294,000 making this an excellent opportunity to step in at an excellent price and manage the business back to success.

New Lease: The current lease is due to expire with the option of another five years – making for a good length of time to rebuild and make good profits from the low asking price.

Locals and Tourists: The business operates 7:30 am to 3:30 pm taking care of the morning coffee rush during the week and services the weekend breakfast and lunch visitors including locals and tourists alike. During the business’s success, the venue was open nights as there is a decent commercial kitchen and license to serve up to 80 people for dinners, drinks and events.

Artisan Food: The quality hand made food, and friendly service is a strong point with comfort food and healthy recipes to satisfy all. The menu has been kept simple but delicious.

Multiple Revenue Streams: opening additional hours such as nights and offering something new to the Torquay area will stimulate business; the locals crave something fresh and different. Getting involved and being a part of the community will open doors to more trade. Previously the business successfully held events for Rip Curl and other local business operators with their catering menu increasing sales and building customer loyalty. Birthday parties and local sporting group functions would stimulate extra business – sponsorships may be an excellent way to boost more trade.

If you are looking for a modern cafe/restaurant and considering the costs of fit out, this cafe is massively reduced and comes with a modern feel, near new everything, and only minor changes to put your personal touch on things. Make a winning decision and look after the Torquay community and visitor’s hospitality needs, enquire now to review an extensive Plant & Equipment list.

Asset Sale: $95,000

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Fact Sheet and Plant and Equipment list or contact;

Finn Business Sales
Geelong and Southwest Victoria
(03) 5259 9970
admingeelong@finnbusinesssales.com.au

Broker: Alan Wood | 0400 792 811 | GEELONG.THEFINNGROUP.COM.AU

* Some pictures used are for advertising purposes only. Actual business images may not be shown.

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