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Heading out of Victor Harbor towards Encounter Bay, you will find Encounter Lakes, the large human-made salt water lake offering locals and tourists with a number of swimming beaches and other water borne activity options. Overlooking the lake is The Boulevard Café, providing the perfect spot for breakfast, brunch, lunch or afternoon tea. With its lovely ambience this café is licensed for 86 and has plenty of parking.
Victor Harbor is a town on the South Coast of the Fleurieu Peninsula about 82 kms south of Adelaide. The town is the largest populated centre on the Peninsula (approx. 15,000) with an economy based on agriculture, fisheries & and other various industries. A popular tourist destination with the population greatly expanding in the summer months to escape the summer heat.
The Café is run by two vendors working approximately a combined 50 hours per week, 2 full time staff & 12 casual staff. Trading short hours 7 days, 8am – 4pm.
The Boulevard was purchased by the current owners in February 2016. After 5 years of running the café, the vendors wish to pursue their careers outside of the hospitality industry.
Tony Iasiello 0412 217 608
Goodwill including Plant & Equipment | $149,000 |
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Stock at valuation (approx) | $20,000 |
$169,000 |
Current Rent | $3,301.72 per month Incl. GST |
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Lease Term | 5 Years |
Lease Commencement | 1st February 2021 |
Lease Expiration | 31 January 2026 |
Right of Renewal | 5 years |
Outgoings | Paid by Tenant |
Adjustments | 3% p.a. |