Cafe Society Castletown – Townsville

AU$150,000
July 11, 2021

Description

Business Overview
Cafe Society is a very well known, independent cafe brand that has been established in the Townsville region for over 20 years. The strong branding together with effective marketing and excellent customer service has enabled this brand to continue to be profitable during the Covid-19 crisis.

Cafe Society Castletown is located in a high profile corner position at Castletown Shopping Centre, Cnr Woolcock Street & Kings Road, Hyde Park. It is ideally positioned within the centre near Woolworths and has very high level of walk by traffic from shoppers. The business was established in December 2019 and is fully managed by employees.

Menu
An extensive breakfast, lunch and dinner menu is on offer, including a large selection of scrumptious sweets to complement great coffee.

Sellers’ Involvement
Cafe Society Willows is fully managed by employees. The owners spend only a few hours a week in the business in an overseeing/payroll capacity.

Reason For Sale
The sellers are currently over committed and have made the decision to let go of three popular cafes in their businesses portfolio in the best interests of family, and to ensure the cafes have a high level of personal investment from the owner/operators. It is essential to the sellers that any prospective buyer would meet that criteria, and would be prepared to take the brand forward.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Iconic Townsville cafe brand for over 20 years
  • Business name is included in the sale
  • Fully managed by well trained, competent employees
  • Good profits continuing to be achieved throughout the Covid-19 crisis
  • Ideal position within a busy shopping centre
  • Good social media following with over 2,800 followers on Facebook
  • Buyer has option to keep the operations fully managed or work in the business and further increase net profit
  • Full training provided

Business Price
Cafe Society Castletown is being sold for $150,000 plus stock at valuation.

Contact
To receive our Sale Proposal, please complete our Confidentiality Agreement at www.beyond2000.com.au/confidentiality-agreement or contact our Business Brokers:

  • Susan Butler – 0419 905 463 / susan@beyond2000.com.au