Cafe Society Stockland Kmart – Townsville

AU$150,000
June 9, 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 Stockland Kmart was established by the vendors in 2018. It is a well positioned cafe located within the Stockland Kmart Plaza at 145 Nathan Street, Aitkenvale. The cafe is fully managed by competent 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 Stockland Kmart 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 two 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 positions within quality shopping centre
  • Good social media following with over 2,800 followers on Facebook
  • Kmart fitout is only three years old and in excellent condition
  • 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 Stockland Kmart is being sold for $150,000 plus stock at valuation.

Cafe Society Willows is also for sale for $180,000 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