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BUSINESS ID: CTOC1594
FREEHOLD OPPORTUNITY. Turnover $500,000+. 1 Hectare of land with commercial premises, large courtyard and outbuildings. Situated 10mins from Hamilton, the hub of the Western District.
Established 18 years, Cafe Catalpa boasts an enviable FREEHOLD investment. With no competition and well supported by the local community such as mother’s groups and local schools. Ideal for a couple or family wanting to change their lifestyle or migrate to Australia, as the current owners did.
With no competition, and a turnover of approximately $500,000, this is an excellent investment, situated halfway between Adelaide and Melbourne.
-Freehold business plus building on 1 hectare
-Run by the current owners for 10 years
-An hour from the Coast; 20 minutes from the Grampians
-All equipment included in the sale (except the coffee machine)
-Plenty of space, including an enclosed courtyard, paddock and large garage/shed
-Extensive client base, including locals, tourists and community groups
-Comprehensive Breakfast, Lunch and Dinner menus to dine in the family friendly restaurant
-Takeaway coffee and food also catered for
-Plenty of business from the local school, including regular Friday lunches
-Themed dinners for several local groups
-Annual German-themed dinner to celebrate Laternenfest in November
-Popular venue for wedding and special occasion parties
-Ample parking in front of the restaurant, attracting car clubs (Jaguar, Porsche and many vintage clubs)
-Liquor licence, which could also be transferred
This fabulous business is for sale freehold on a WIWO basis if required. Staffing currently includes a chef, assistant chef plus 2 front-of-house staff per shift – all part-time.
The current owners are selling to devote more time to other interests. This business could meet all the visa requirements for new settlers as it did for them.
Price: Freehold $400,000 - Business $275,000 - SAV approx. $25,000
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