For sale is a well established cafe located in the popular coastal town of Ulladula.
The business is run by highly experienced industry professionals and has shown consistent sales growth and strong profits over a number of years. The owners understand that building a sustainable hospitality business is about more than great coffee and a friendly smile, it requires organisation, planning and team building.
The business is well organised and benefits from a strong team with key management roles being filled and the business is capable of running without direct supervision of the owners. Having built a strong business over a decade of ownership my clients are now looking to move away from the area creating this exciting opportunity.
Gross sales are currently just over 1M per annum but are expected to be higher under uninterrupted trading conditions as the last few years have had covid restrictions which affected trade. The business enjoys a high volume of tourist trade in the Summer months but is also well supported by locals in the quieter Winter months.
The business will suit anyone looking for a sea change and is a well established, profitable, and organised business with a strong team in place to help with the day to day running of the business.
Enquite now for more information.
Please note that listing images are for advertising purpose only and do not represent the actual business.
Lease Details The business enjoys a 10 year lease that started in 2017 as well as 2 further 5 year options securing the business until 2037.
The rent represents less than 5% of turnover which is far lower than the industry average of 10/12%.
nbn® Fibre to the Node (FTTN) is available in this property
Max wholesale speed tier available: nbn® Home Fast
In displaying this information, Allhomes relies on information supplied by nbn. Connection data presented may change from time to time, may not be accurate, complete, up to date, and may not have been validated for accuracy, completeness or reliability.
Inspections
No open inspections scheduled.
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Contact Robert Illsley to learn more about this property, request an inspection or take an online tour.
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Enrolment areas for ACT public schools.
What's nearby
Ulladulla Public SchoolPrimary School
0.3km
Ulladulla High SchoolHigh School
0.3km
Milton-ulladulla HospitalHospital
5.4km
Rowen's Arcade ManagementMajor Shopping Centre
0.1km
Post OfficePost Office
0.1km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
29 Apr 2016
Sold
$875,000
Contract: 01/04/2016
Transfer: 29/04/2016
Block size: 1250m²
Transfer type: Full transfer
Purpose: Commercial
Ulladulla suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
52 years
Population
7,262
Listing ID: 181205181. This listing has been viewed 94 times. It was first displayed on 07/12/2022 and last updated on 07/12/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.