Dugong Cafe for sale Caboolture SOLD

$***SOLD*** AUD

Description

Dugong Cafe, Business for sale, Caboolture. ***SOLD***

Great opportunity to secure a well-run, WELL ESTABLISHED (2017) Caboolture based business with a very HEALTHY PROFIT MARGIN

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Reason for sale

New owner has severe health issues and MUST sell the business.

In her own words: “A recent serious health diagnosis during the purchasing stage has not enabled me to commence my dream for the Dugong. And, very sadly and reluctantly have had to put the café back up for sale…”

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About the Opportunity

Key Features include:

* Dugong Café is a well-established business and has been servicing the Caboolture community since 2017
* Prior to this the café itself has been in operation in this position for over 20 years.
* Dugong Café has good signage
* Branding is well known and recognised
* Large community of local customers
* Lots of repeat business
* Built on word of mouth
* Has a great reputation
* Ratings include:
* 6 stars google 65 reviews
* 7 stars restaurant guru.com 123 reviews
* 5 stars onlinedining.com.au 1 review
* 5 stars Facebook 4 votes
* Well maintained plant and equipment
* Vendor estimates plant and equipment value $70,000 (Included)
* Brand new Bain Marie installed included complete with upgraded 15amp wiring.
* Stock typically $4,000-$5,000 on any given day.
* Premises is 79 m² and also utilises a breezeway for seating which is highly visible within The Lakes Centre
* Seats approximately 40 people
* Rent is currently $3041.50 per month gst inclusive
* Current lease expires March 2025
* Lease further options are an additional 3 years + 3 years
* Located in the Lakes Centre which is a commercial shopping centre on King Street Caboolture
* Businesses in the Lakes Centre include a barbershop, hairdresser, first aid training, Breast Screen clinic, dentist, services Australia, with the courthouse on King Street itself.
* Ample parking
* 2 street easy access to and from King Street and Esme Avenue Caboolture
* Trades 5 days per week.
* Monday to Friday 7:30 am to 3 pm
* Turnover 2022 Financial year $363,540.10
* Support and training available
* Potential for growth and future opportunities– (see information memorandum).
* Previous experience or interest in the café industry would be an advantage
* A great opportunity for a husband and wife team or partnership

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For more information regarding Dugong Cafe please complete a non-disclosure agreement (NDA) by visiting the WhatPriceMyBusiness website

SMS “Dugong” with full name and email address to 0412 179 306 for further details.

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Disclaimer: The above information regarding Dugong Cafe has been provided by the vendor as is and is intended to provide general information only. WHATPRICEMYBUSINESS Pty Ltd has not audited or verified the financials. We recommend that before acting on this information, you should conduct your own due diligence and consider the appropriateness of this information having regard to your personal objectives, financial situation or needs.

We recommend that you obtain professional advice from a suitably qualified advisor before making any financial, taxation, investment, retirement or legal decisions

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