$183,000 + SAV ($6,000 approx.)
This amazing café is located on the corner at the bottom of the famous Willunga Hill. It has an extraordinary local following and operates as a café using organic &/or local produce. It is very much a family and community based business and, not only is it a café, it is also a bakery, so the aroma of freshly baked bread permeates through the whole space.
Everything is cooked or freshly baked on site and everything is either organic &/or sourced locally. Some of their bakery products (e.g. sourdough bread) is wholesaled to the surrounding areas. The business trades 30.5 hours per week and is closed on Sundays and Mondays. The primary focus of the cafe is providing light and healthy meals and creates an opportunity for the community (and weary visitors) to meet and enjoy some time out. For many locals The Green Room is part of their daily routine and the trading hours fit the vendor’s family’s lifestyle.
The vendor works in the business for about 18 hours per week (3 days) and is largely involved both in an administrative & managerial role. Her partner, Adam, also manages the business, working 32 hours per week, and is the in-house baker. In addition, there are 11 casual staff who work a total of 164 hours per week. The business generates additional income from yoga studio hire space & massage room with an ongoing lease agreement - occupied by business Nourish Body & Being.
If you are looking for a business that puts you in the heart of the community and comes with a built-in lifestyle, this is a must to consider. Alternatively, if you want a fantastic organic &/or local produce café that you can expand by trading longer hours, this is also well worth a look.
Simon Winter 0419 828 689
|Goodwill including Plant & Equipment||$183,000|
|Stock at valuation (approx)||$6,000|
|Current Rent||$2,754.11 per month + GST|
|Lease Term||5 years|
|Lease Commencement||1st July 2020|
|Lease Expiration||30th June 2025|
|Right of Renewal||2 x 5 years|
|Outgoings||Paid by the tenant|